blog The Australian newspaper reported yesterday that the national competition regulator has killed a clause in Telstra’s $11 billion deal with NBN Co which would have prohibited Telstra from marketing wireless broadband as an alternative to the NBN’s fibre. The Australian reports ACCC chairman Rod Sims as saying (click here for the full article):
“We couldn’t live with it,” ACCC chairman Rod Sims said yesterday. “They’ve changed that,” he told The Weekend Australian.
I have always argued that this clause was an example of an uncompetitive imposition on Australia’s telecommunications market, and it appears the ACCC agrees. I’m glad to see common sense has prevailed in this one. There must be limits to NBN Co’s monopoly.
Image credit: Telstra