ACCC issues reports on telecommunications competition, price changes, price controls.

0 Comments | M2 Presswire, August, 2003

M2 PRESSWIRE-20 August 2003-ACCC: ACCC issues reports on telecommunications competition, price changes, price controls(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:08192003 The Australian Competition and Consumer Commission today issued three telecommunications reports analysing competitive safeguards and price changes for telecommunications services and reporting on Telstras compliance with price control arrangements.

In its assessment of competitive safeguards, the ACCC argued that competition has not developed as extensively as was expected in 1997. "Telecommunications markets are not yet effectively competitive", ACCC Chairman, Mr Graeme Samuel, said today. "The reasons for this include the structure of the industry, in particular Telstra's network...