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ACCC proposes withdrawal of Telstra accounting rules

Thursday 6 February 2014 | 13:51 CET | News
The Australian Competition and Consumer Commission opened a public consultation on a proposal to end accounting separation for incumbent Telstra. Accounting separation was first introduced in 2001 by the ACCC, then expanded by subsequent legislation and decrees. It required Telstra to submit detailed records on current costs, imputation testing and non-price terms and conditions for its wholesale and retail operations, in order to help the regulator assess the level of competition. Accounting separation has now been superseded by the equivalence and transparency requirements agreed to by

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Categories: Fixed
Companies: Australian Competition and Consumer Commission / Telstra
Countries: Australia
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