Curbing use of market power can help fight against inflation - Sydney Morning Herald
7/24/2022 12:00:00 AM2 years 9 months ago
by Rod Sims
by Rod Sims
Rising gas and electricity prices are significant, direct contributors to today’s inflation, but more can and should do more to curb market power where there are only a few powerful providers.
Increasing interest rates often seems to be our only weapon against rising inflation. But understanding the role of market power and curbing its use can also play a role, as can taking some sector-sp… [+2307 chars]
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