Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Spark's campaign should help Commerce Commission

Spark's campaign should help Commerce Commission come to the right decision

InternetNZ Chief Executive Jordan Carter says that there are some important questions being raised by Spark, and the Commerce Commission needs to set out why it wants to set regulated prices in New Zealand that are so much higher than overseas."

“New Zealanders have been enjoying lower prices for better plans for a number of years. This regulatory process risks bucking that trend and pushing prices back up.

“If the Commerce Commission wants to take that approach, it needs to make a clear and compelling case for why New Zealanders should pay more. At every stage of its regulatory process so far, it has been pushing prices up - in a way that isn't supported by the evidence shared in submissions.

“The Internet is such an important piece of New Zealand’s infrastructure that it’s vital that Kiwis are not paying too much for it. Any price increase that Chorus is able to take, it will take, and any increase it charges to retailers will no doubt be passed on to Kiwis.

“We’ve said from the beginning that this process needs to be taken slowly so that we get it absolutely right – this despite calls from the Shareholders’ Association and others with a vested interest to rush it,” says Mr Carter.

"Any campaign that helps to highlight this issue will hopefully help the Commission come to the right decision," Jordan Carter says

ENDS

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.