THE Australian Competition and Consumer Commission says legislation introduced to NSW parliament by Lake Macquarie MP Greg Piper "should facilitate competition between ports for the provision of container port services".
In a statement issued after a full bench of the Federal Court found against the ACCC in its appeal of an earlier case against Botany and Port Kembla operator NSW Ports, the competition regulator said it took the cases because it believed the Port Commitment Deeds signed during the privatisation of Botany in 2013 and Newcastle in 2014 gave Botany "an effective monopoly in container port services for 50 years".
