ComCom lacked resources for power market probe, says memo
Regulator says staff saw potential breach of Commerce Act by big four electricity companies, but ‘has limited competition enforcement resources’.
Retailer Octopus Energy was one of four complainants to the Commerce Commission last year.
Documents released under the Official Information Act show the Commerce Commission believed there was evidence of possible anti-competitive actions by big electricity companies, but lacked the resources to investigate.
In December last year the Commission declined to investigate a complaint from
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