ACCC should give up telecom regulatory powers, says former head
A former chairperson of the Australian Competition and Consumer Commission (ACCC) has supported spinning off the agency’s telecom regulatory role to a specialist entity.
A former chairperson of the Australian Competition and Consumer Commission (ACCC) has supported spinning off the agency’s telecom regulatory role to a specialist entity.
Telstra has slapped back a call by the Optus chairman to break up the top telco in Australia.
With elections approaching next year, rivals of Telstra have urged for strong controls on the rates charged by Telstra for access to its infrastructure.
The National Broadband Network (NBN) is on a “knife edge” unless spending and pricing costs are regulated by the Australian Competition and Consumer Commission (ACCC), according to Optus chief executive officer, Paul O’Sullivan.
Telstra has proposed changes to its structural separation undertaking (SSU), which the Australian Competition and Consumer Commission (ACCC) and the Independent Telecommunications Adjudicator (ITA) would share equal resolution powers to alleviate concerns that the latter would favour the telco.
Telstra has acknowledged wider telecommunications industry concerns about the need for greater equivalence and transparency in its submission to the National Broadband Network: Regulatory Reform for 21st Century Broadband discussion paper.