Consumer NZ asks government to investigate Air NZ's monopolistic pricing due to 86% market share.
Consumer New Zealand is urging the government to investigate Air New Zealand's pricing practices, citing its dominant 86% market share in the domestic aviation sector as a "virtual monopoly." This concentration raises concerns about high fares and a lack of competition. Consumer NZ believes a Commerce Commission market study is necessary to assess market dynamics and ensure fair pricing for consumers. The government, which owns 51% of Air NZ, has not dismissed the idea of a study.
October 30, 2024
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