19 February 2013

RBB Economics comments on review of national access regime in Australia

On 18 February 2013, the Productivity Commission released RBB’s submission into its inquiry into the third party access regime in Australia. RBB argued that the case for an access regime was strongest in those sectors of the economy that have strong natural monopoly characteristics and where competition has irretrievably failed, and cautioned against the creeping over-use of access regimes in more marginal sectors where the costs in terms of dynamic efficiency outweigh and static and short-term improvements in productive efficiency.George Siolis from the Melbourne office participated in a roundtable which the Commission held as part of its inquiry on 12 February 2013 and our submission can be accessed from the Commission’s website by clicking on the following link:http://www.pc.gov.au/projects/inquiry/access-regime/submissions

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