Airport pricing - light handed or limp wristed? The Australian experience
As Australia’s Productivity Commission reports on the country’s
experiment with a light-handed approach to airport pricing control, Airport
Investor Monthly looks at the recommendations, government and airport responses,
and weighs up alternative methodologies in other countries. [5492 words]
Unlock the following content in this report:
- Initial regulation recognised the new found market power of the airports
- The outcomes to date
- But there have been some negatives
- What should happen next?
- Foundations for a post-2007 light handed approach
- A smaller group of airports
- A wider group of services to be monitored
- Continuity is the best way forward
- Australian government response – largely in agreement
- Airport response – Melbourne
- International comparison – New Zealand, a battleground
- International comparison – US, too complex for national enforcement
- International comparison – UK
- The EC sets out its stall: a greater appetite for regulation
- Four items in focus
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