Chorus loses bid to toss out regulator’s copper line price determination

Mon, 07 Apr 2014

April 8 (BusinessDesk) - Chorus, the telecommunications network operator, has lost a bid to dismiss a Commerce Commission determination setting the price for services on its copper lines. The High Court turned down the Wellington-based company’s attempt to have the regulator’s initial pricing principle set aside, and for the commission to redo the process after its first decision ordered Chorus to slash prices for access to its copper lines. The judgment leaves the status quo in place, which means the regulator will have to complete a more f...

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