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New Zealand orders Auckland Airport to lower prices by $190 million to ensure fair charges.
The Commerce Commission in New Zealand has ordered Auckland International Airport to lower its prices, finding it was overcharging by about $190 million.
The airport will now adjust its passenger charges to a targeted return of 7.82%, down from the previous 8.73%, over the next price-setting period.
The decision aims to reduce excess profits and ensure fair pricing for airlines and passengers.
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Nueva Zelanda ordena al Aeropuerto de Auckland que baje los precios en 190 millones de dólares para asegurar cargos justos.