1 Jun 2012
COMMERCE COMMISSION V VECTOR LIMITED COA CA702/2011
- Citation
- COA CA702/2011
- Court
- Court of Appeal
The Court held that s 52T(1) does not require the Commerce Commission to publish a separate price-reset input methodology and that s 52T(2) does not import such a requirement; the Commission may publish input methodologies on specified matters but price resetting under s 53P(3)(b) remains a regulatory decision for which Parliament did not require a standalone input methodology. Further, s 54K(3), as a transitional provision, permits a broader resetting of default price-quality paths in accordance with s 53P (including resetting based on current and projected profitability) within the 9-month…