Competition and Consumer (Industry Code – Electricity Retail) Regulations 2019
The submission to the Department of the Environment and Energy in response to the exposure draft of the Competition and Consumer (Industry Code – Electricity Retail) Regulations 2019 was prepared by the Competition and Consumer Committee of the Business Law Section.
The Competition and Consumer Committee holds concerns about the method by which the government proposes to introduce specific price regulation in the retail electricity industry.
Although the Competition and Consumer Committee recognises community concerns about standing offer prices and price transparency, it believes that such significant intervention in the market should be implemented cautiously and not by means of a disallowable instrument without being subject to detailed consideration.
You can read the full submission below.