Toothless regulation and the Entrust/Vector issue

Toothless regulation and the Entrust/Vector issue
Vector is an NZX-listed company, owned 75% by the Auckland Energy Consumer Trust, rebranded to Entrust. (Image: Supplied)
Andrew Body
Advancing the interests of consumers has become a vote-winner for politicians.But competition and consumer advocacy are also good economics. The Productivity Commission’s work highlights the role of competition in the success of our economy.  The Commerce Commission’s market studies have become politically and economically important. The commission’s inquiry into personal banking services set the scene for Parliament’s inquiry into banking.  The report of that inquiry will have far-reaching recommendations...

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