Commerce Commission says Christchurch Airport still targets excessive return

Thu, 21 May 2015

By Jonathan Underhill May 22 (BusinessDesk) - Christchurch International Airport (CIAL) is still targeting excessive returns, the Commerce Commission says, after the airport provided clarification of its pricing methodology. The Christchurch, Wellington and Auckland airports are subject to disclosure rules under the Commerce Act and the regulator then reviews their pricing decisions. A Commerce Commission report in February last year, citing Section 56G of the Commerce Act, noted that information disclosure regulation "appeared to have ha...

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