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- W658634677 abstract "Competitive markets usually deliver good outcomes because they act to align the interests of consumers and suppliers. For some markets increased competition can only be achieved with increased intervention. This is the paradox recognised by the National Competition Policy reforms. However it is a fundamental belief within the ACCC that where intervention is required the objective is always to use a means that are as ‘light-handed‘ as possible to achieve the desired outcomes. If an objective can be achieved with less rather than more intervention this should be the approach adopted. This principle is as relevant for our dealing with the transport sector as it is with every other part of the economy. Major changes are being made in the transport sector especially with regard to service integration. Integration—particularly vertical integration—can lead to increased efficiencies as companies take advantages of economies of scale and scope. For example, integrating a company’s freight forwarding service with its line haul service can lead to increased efficiencies in service levels and communication between segments of the logistics chain. This in turn can increase the efficiency of a company’s operations, and improve the competitiveness of the industry as a whole." @default.
- W658634677 created "2016-06-24" @default.
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- W658634677 date "2006-06-01" @default.
- W658634677 modified "2023-09-27" @default.
- W658634677 title "Regulating transport infrastructure with a lighter touch" @default.
- W658634677 hasPublicationYear "2006" @default.
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