Singapore: Australia’s Productivity Commission on Tuesday said airport operators should be required to provide more information to the competition regulator on their service costs but stopped short of recommending pricing controls.
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Airlines had argued that more oversight was needed on the country’s largely monopoly airports to keep a lid on rising access fees.
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The commission did not rule out recommending more heavy-handed regulations in the future, including on pricing, if airports were found to have abused their market power. (Reuters)
