Failed Competition Law Led to Telstra Split | BTalk Australia
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BNET Australia Contributors
Brian Haverty is editorial director for CBS Interactive Australia and is responsible for the company's BNET and ZDNet Australia sites.
Robert Gerrish is a coach, author and professional speaker and the founder of Flying Solo, an Australian online community for solo business owners.
Melissa Lourenco is the HR manager for CBS Interactive in Australia.
Chris Golis is the author of The Humm Handbook: Lifting Your Level of Emotional Intelligence. He runs seminars and workshops on EQ.
Suzi Dafnis is Community Director of the Australian Businesswomen's Network.
Yvonne Adele helps organisations build a culture of ideas by teaching people at all levels to access their untapped creative thinking skills.
Michael Peters, UNSW
(Episode 333; 18 minutes 45) Senator Conroy announced sweeping telecommunications reforms this week (see Telstra Shareholders Urged Not to Panic).
Telstra is being encouraged to separate itself into two different structures – one providing retail services and the other managing the wholesale infrastructure. If it doesn’t volunteer the split then the Telecommunications Act will be used to force a functional separation and deny access to new 4G services bandwidth.
Michael Peters, a business law lecturer at the Australian School of Business, says this is another example of failed competition law. He says privatized entities are getting away with a lot, because the government is loathe to use existing legislation to control the behaviour of some of these infrastructure owners.
In todays BTalk Australia he also expresses a concern about the signal that Conroy’s actions will have on overseas investors. Could it show that the Australian government doesn’t always keep its word?
Tell us what you think in the Talkback section at the end of this post.
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