The Australian Competition and Consumer Commission is considering sending the government-owned company NBN Co back to square one with its wholesale pricing place.
The Australian Competition and Consumer Commission last week released a consultation paper on the NBN Co’s proposed variation to its special access undertaking (SAU). The undertaking sets the maximum prices and minimum service standards for NBN broadband providers.
The ACCC is concerned the NBN Co pricing and products are designed to push people onto faster plans by raising the prices of the most popular lower-speed plans.
“There is clear potential for low-use consumers to face materially higher prices at the end of the first regulatory period unless new products or offers are first developed,” the consultation paper says.
In the proposal, nbn also reiterated it would no longer seek to recover the full $44 Billion plunged into the initial build and instead would only recover $12.5 billion from retail internet providers.
An NBN Co spokesman said the company would continue to work with the ACCC, stakeholders and government to approve the draft plan.
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