Business Chief APAC+ANZ Magazine August 2014 | Page 25

AUSTRALIA ’ S TELECOM GIANTS created to independently advise the various state and Commonwealth governments and to formally review all regulation against competition principles .”
With Telstra currently under heat from much of the sector , it will be interesting to see how the ACCC responds . Should their operations be declared a monopoly , what effect with that have on their involvement with the NBN project ? Only time will tell .

“ There is virtually no effective fixed and mobile competition exists in regional Australia ,” said Vodafone . “ This is of significant benefit to Telstra , positively reinforcing Telstra ’ s enduring , pervasive , and unprecedented market dominance .”

25