this post was submitted on 20 Jun 2023
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AusFinance

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The Reserve Bank has pointed directly to the elephant in the room (www.abc.net.au)
submitted 2 years ago by a1studmuffin@aussie.zone to c/ausfinance@aussie.zone
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Oh good, I'm sure now the government will do something...

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[–] AskThinkingTim@aussie.zone 1 points 2 years ago

Coercive monopolies may just end up price gouging.

[–] ravishingzombie@lemmy.fmhy.ml 1 points 2 years ago

sUpPlY aNd DeMaNd !

[–] josephb@aussie.zone 1 points 2 years ago

I wonder if the July 1 power prices could be considered part of what the RBA is pointing at here. Certainly across many markets in AU like Mobile companies, Supermarkets, etc there are cosy duopolies or similar.