ComCom could deliver $750M to consumers after High Court win, says Franks

Thu, 19 Dec 2013

By Pattrick Smellie Dec. 20 (BusinessDesk) – The Commerce Commission should act swiftly to capitalise on the High Court’s findings in its favour on monopoly network pricing to deliver consumer benefits worth perhaps $750 million over the next six years, says Wellington barrister Stephen Franks. “If the Commerce Commission picks up the baton thrown by the High Court, there could be a $150 million election year announcement of a reduction in cost to consumers,” said Franks in blog comments on the High Court merits review of the commission’s in...

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