Competition watchdog urges ComCom look into banks' profits
First telcos, then supermarkets, now banks are in the crosshairs of Tex Edwards' MonopolyWatch – and the Reserve Bank appears to agree.
Are New Zealand banks excessively profitable, and do they deserve a going over by the Commerce Commission?
He’s taken on telcos and supermarkets, and now Tex Edwards has excessively profitable New Zealand banks in his sights.
Under the auspices of his pro-competition public policy group MonopolyWatch, Edwards has this week proposed draft terms of reference for the Commerce Commission to consider and
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