Law change designed to strengthen electricity market competition
Power companies will face real consequences if they try to distort the market, Simon Watts says.
The electricity sector will face tougher consequences for bad behaviour.
The coalition Government is toughening the penalties for electricity companies that engage in anti-competitive behaviour.
Under changes it will make to the Electricity Industry Act, companies will face a maximum penalty of $10 million, or three times the commercial gain they make from any breach, or
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