ACCC to interview Telstra executives
Sep 1, 2004 Telstra
ACCC to grill Telstra chiefs. (Australian IT)
From the article: “Australian Competition and Consumer Commission deputy chairman Ed Willett told The Australian last night that Telstra had been served with a special notice under the Trade Practices Act known as a “155″, which is akin to a court discovery notice.
The tool, which is only used when the ACCC has been frustrated in its search for evidence against big companies, allows the ACCC to interview company executives, with the conversations being legally binding.“
It will be interesting to see what comes of this process. Certainly many people within the industry were unhappy with the way Telstra dropped their retail pricing to levels below their wholesale pricing. Many are also unhappy with the ‘corrected’ wholesale pricing which was released shortly afterwards. Perhaps the ACCC are seeking additional powers to be able to regulate wholesale ADSL pricing as their do with voice termination.