New price control and investment law for utilities
11 Apr 2008

Infrastructure businesses like electricity lines companies and airports will gain improved incentives to innovate and invest while giving consumers protection from excessive prices and poor quality, under a Bill amending the Commerce Act introduced to Parliament yesterday.
Commerce Minister Lianne Dalziel and Energy Minister David Parker said the Commerce Amendment Bill is the culmination of a 22-month review of the price control provisions of the Commerce Act.
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