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.
In July 2018, the Council received a submission from Port of Newcastle Operations Pty Ltd that the Council should recommend under section 44J of the Competition and Consumer Act 2010 (Act) that the designated Minister revoke the declaration of the shipping channel service at the Port of Newcastle. On 19 December 2018, the Council released its Statement of Preliminary Views on the matter. Submissions from interested parties on the Statement of Preliminary Views were received in February 2019. At the request of the Council, NERA Economic Consulting produced a report dated 8 April 2019, to assist the Council’s consideration of whether the declaration would be likely to satisfy the criterion set out in section 44CA(1)(a) of the Act in respect of the coal tenenents market. Interested parties were invited to make written submissions to the Council on the opinions expressed in the report by 5.00pm on 26 April 2019.
Current status - 4. Submissions on Council’s preliminary views