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AAP

Politics

Poppy Johnston

Fines for gas price cap misstep 'unlikely'

Samantha McCulloch

Gas producers have raised concerns about the price cap and the incoming mandatory code of conduct. (Dan Peled/AAP PHOTOS) (AAP)

The consumer watchdog has moved to allay gas industry fears of steep fines for producers that unintentionally break the price cap rules.

The federal government intervened in the energy market late last year, implementing a temporary 12-month price cap on coal and gas.

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