Telstra has lost its Federal Court appeal against a ruling by the competition regulator, the ACCC, that it drop its fixed line access prices by 9.4%.
The competition watchdog has rejected proposals by the builders of the national broadband network, NBN Co, to vary the Special Access Undertaking (SAU) which governs the prices and other terms on which it supplies wholesale broadband services to Internet service providers.
Australian consumer watchdog chief Rod Sims says new technology and digital disruptions pose new challenges for the ACCC, not least of all the importance of ensuring robust consumer advocacy continues to play a part in protecting consumer interests.
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