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2009-10-06

This shows how unwise the Rudd/Conroy Telstra policy is

Comments on "DEALS TV: Dead ringers", 6/10/2009, http://www.businessspectator.com.au/bs.nsf/DealsTV?ReadForm&vid=1628133&vidkey=08f9b61c9750d8596b57&

From the introduction one immediately realises how the small minded Australian government and its regulatory body the ACCC have done to damage the well beings of Australians by unwisely restrict Telstra's hand and strategies.

The Australian government should catch up with the modern economic and business reality and learn how to live with monopolies and supersized multinational firms, including Australia's own ones. The key is how to regulate their activities and prices and behaviours, as opposed to heir structure from an outdated view in the past.

It is a video doc and its introduction reads as:

Telstra Corp, News Corp, Shanghai Media Group, Telenor, BSNL, Zain, Myer, AIA, Volvo

Media and telco deals in Asia, Europe and the US are a painful reminder of the upside Telstra will miss out on by structurally separating. Elsewhere, Myer, AIA and Volvo are in the news.

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