Access to monopoly infrastructure
Access regulation seeks to promote effective competition in markets that depend on using the services of infrastructure that cannot be economically duplicated.
Glencore Coal Pty Ltd applied to the Council under Part IIIA of the Competition and Consumer Act 2010 (CCA) for declaration of the right to access and use the shipping channels provided by the Port of Newcastle. On 8 January 2016 the Minister made a decision not to declare the service. Glencore applied to the Australian Competition Tribunal for a review of the Minister's decision and on 31 May 2016 the Tribunal decided the service should be declared and on 16 June 2016 made orders giving effect to that decision. Port of Newcastle Operations Pty Ltd applied to the Federal Court for judicial review of the Tribunal’s decision. That application was heard on 28 and 29 November 2016 and judgment has been reserved.
Current status - 6. Outcome & subsequent events