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The New Daily
The New Daily
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Alan Kohler

Alan Kohler: We all lose when monopolists prosper

Michael Cannon-Brookes has an alternative idea for AGL – innovation. Photo: TND

On Monday this week, there were two unconnected events that had an invisible, but important common thread.

First, AGL Energy gave up its plan to split into two and lost its CEO and chairman, finding itself without leadership or a plan; and second, the share price of a small local goat milk baby formula business, Bubs Australia, shot up 40 per cent because the company caught a break.

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