Former competition watchdog chairman Graeme Samuel says the federal government needs to control prices charged by stevedores at the nation’s container ports after DP World increased container fees by as much as 52 per cent.
The light-touch regulation of stevedores, which includes annual monitoring by the Australian Competition and Consumer Commission, is “completely ineffective”, Mr Samuel told The Australian Financial Review.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
