Government's attacks on private firms is troubling - News Summed Up

Government's attacks on private firms is troubling


The Government has announced changes to the Commerce Act to allow better scrutiny of private margins. This means, based on a price of $2.40 a litre, only $1.32 is being charged by the petrol firms. DAVID WHITE/STUFF The Government attacks on private firms is troubling, says Damien Grant. The Commerce Act makes collusion between firms illegal and grants the Commerce Commission the power to investigate and punish private firms that act anti-competitively. These attacks on private firms by people with political power is troubling.


Source: Stuff October 13, 2018 16:03 UTC



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