Rod Sims may have exited Australia’s competition watchdog but the former regulator is not done fighting prospective monopolies, now turning his attention to one of the nation’s biggest infrastructure projects: the $14 billion Inland Rail.
Now a professor at the Australian National University’s Crawford School of Public Policy, where he hasn’t lost his enthusiasm for cracking down on practices that hurt competition, Sims has been looking into the 1700-kilometre Inland Rail project between Brisbane and Melbourne and the companies that will operate freight hubs along its route.
“Any person with a dominant position always has higher-than-competitive prices and sacrifices a bit of volume because that’s the most profitable outcome,” Sims says. “My concern is that Inland Rail will largely benefit Pacific National if they get their hands on one or two of these terminals.” Pacific National believes it has already defeated claims around potential anti-competitive practices by winning
“If a proposed terminal doesn’t meet the needs of rail freight operators and their customers, or a future terminal development being pushed by a government department doesn’t allow the private sector to take an equity position, then companies will do what they have always done historically and just build their own freight facility.
INLAND rail was Joyce's rail road fantasy It would be losing money for decades A squander of tax$
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