Business Services Industry
Increased scrutiny of legislation likely.
Australasian Business Intelligence, November, 2002
Nov 13, 2002 (The Australian Financial Review - ABIX via COMTEX)
The Australian Senate is likely to increase its scrutiny of the Telecommunications Competition Bill. This follows the decision by the Australian Competition & Consumer Commission (ACCC) on 13 November 2002 to endorse an alliance between Australia's two leading pay-TV groups, Foxtel and SingTel Optus. Australia's biggest telco, Telstra, owns 50 per cent of Foxtel. The Australian Democrats party's media spokesman, John Cherry, says his party believes pay-TV access should be protected by legislation. He is surprised the ACCC is prepared to accept undertakings by the parties instead.
Publication Date: 14 November 2002
AUSTRALIAN COMPETITION AND CONSUMER
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