[AusNOG] NBN Legislation

[Bevan Slattery]

On top of that - ACMA/ACCC will be deciding on what products and technical standards everyone will use (loss of innovation) and everyone must offer non-discriminatory pricing even though the competitive infrastructure providers have 'risked' their capital to build these networks.  Pricing regime will also be regulated along with any volume discounts.  You can go to any provider and get the same vanilla service as determined by the Government and NBN Co..  So with innovation and product differentiation removed, those that have the cheapest cost of equity/debt will win.  And it's not hard to guess who that is.

This is simply economic and technical communism.  Welcome to the new world order.

[b]