tag:blogger.com,1999:blog-11906042.post2738299101543951147..comments2024-03-30T00:09:27.602+13:00Comments on Not PC: The Commerce Commission should ban itselfPeter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11906042.post-33213387834777951332017-05-05T15:42:17.341+12:002017-05-05T15:42:17.341+12:00Where has it been used as a verb?Where has it been used as a verb?Peter Cresswellhttps://www.blogger.com/profile/10699845031503699181noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-30109609810913329282017-05-05T12:43:50.630+12:002017-05-05T12:43:50.630+12:00Monopoly is not a verb. I can't respect what y...Monopoly is not a verb. I can't respect what you have to 'say' if you can't comprehend basic English.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-68127779921506631432017-05-05T12:11:25.146+12:002017-05-05T12:11:25.146+12:00The reason why it doesnt break up existing monopo...The reason why it doesnt break up existing monopolies is because it isnt in its legislation. Anyway whats wrong with a referee who can ensure the public interest factor is considered when two companies want to form a dominant group in a particular industry, and by doing so will reduce choice and increase prices for consumers.Ztev Konradhttps://www.blogger.com/profile/06553128132098513643noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-19894341323659211792017-05-05T07:54:25.937+12:002017-05-05T07:54:25.937+12:00I have had the misfortune to see the Ministries of...I have had the misfortune to see the Ministries of Education, Health and Social Development in action. My interpretation of the behaviours within those organisations is as the most naked examples of monopoly behaviour in the country, by some distance. Not in the most-recognised sense of raising prices, but in the real sense of limiting output and reducing quality. These institutions above all look after themselves first, second and third. Above all, they care about their share of the public purse. What gets those institutions motivated is protecting that share from competition or scrutiny. Productivity - delivering services that actually work - is not only uninteresting but dangerous to them, because it threatens to reduce the size of their empires and, therefore, the job security of public servants. Public choice is sometimes seen as cynical but it it is the behaviour, not the theory explaining it, that is cynical and public choice encapsulates the behaviour well. So if the Commerce Commission were at all serious about monopoly losses and consumer welfare it would be demanding the right to investigate those Ministries. bennoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-91418146438853400262017-05-04T13:43:57.350+12:002017-05-04T13:43:57.350+12:00The Fairfax/NZME decision is just bizarre. The tw...The Fairfax/NZME decision is just bizarre. The two companies wanted to merge because neither one is competitive in the current market and they thought a merger would allow them to achieve economies of scale. That fact self-evidently implies that there is plenty of competition in the market and therefore the merger would not have created a monopoly. But then, experience has taught me that even things which are self-evident are not necessarily evident to bureaucrats.Andersonnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-2798711215200889442017-05-04T13:22:50.795+12:002017-05-04T13:22:50.795+12:00I suspect Seymour feels compelled to say "it ...I suspect Seymour feels compelled to say "it once had its place" because he knows it's origins lie in the ACT party.MarkThttps://www.blogger.com/profile/06199883270652041621noreply@blogger.com