Supreme Court sides with ComCom in Vector stoush

Thu, 15 Nov 2012

Nov 15 (BusinessDesk) - Auckland electricity and gas network owner Vector has lost its final appeal against the way the Commerce Commission set starting prices for the new regime regulating prices for its monopoly services. But Vector will live to fight another day on more substantive issues being argued in a High Court merits review which has been running in parallel to the legal arguments over how the commission has applied its regulatory powers. The commission welcomed the unanimous Supreme Court decision confirming it is not required to d...

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