The Commerce Commission today published its revised timetable for its price control study of Auckland, Wellington and Christchurch International Airports.

The Minister of Commerce and Enterprise wrote to the Commission on 29 July, advising that the deadline for the report had been extended from December 14 this year to 1 August 2002. The terms of reference of the inquiry remain unchanged.

The Commission understands that the reporting date has been extended by Government to allow:

  • the airports to complete the consultation with substantial customers required under the Airport Authorities Amendment Act 1997;
  • parties the opportunity to consider disclosures made by the airports in 2000 pursuant to the Airport Authorities (Airport Companies Information Disclosure) Regulations 1999; and
  • the Government further time to update the price control provisions of the Commerce Act.

Commission Acting Chairman Mark Berry said that as yet the Commission has published no findings from the study and has made no recommendations to the Minister. The Commission will continue its investigations.

The Commission's proposed timetable is:

Date

Stage

By 30 November 2000

Airports disclose information.

2 February 2001

Interested parties make submissions on Critical Issues Paper.

16 March 2001

Commission publishes draft report.

27 April 2001

Interested parties make submissions on draft report.

18 May 2001

Experts employed by interested parties make submissions.

4-8 June 2001

Conference.

1 August 2001

Completion of the Commission's Report.

No later than 1 August 2002

Commission reports to Minister of Commerce.

Background information on the Commission's price control study of airports, is available by visiting the Commission's website at http://www.comcom.govt.nz or by contacting the Commission in Wellington. Correspondence can be sent to:

Price Control Study of Airfield Activities

Commerce Commission

P O Box 2351

Wellington

Or by fax to(04) 471-0771 or E-mail to airports@comcom.govt.nz

Media contact:

Commerce Act Manager Geoff Thorn

Phone work (04) 498 0958

Communications Officer Vincent Cholewa

Phone work (04) 498 0920

Commission media releases can be viewed on its web site www.comcom.govt.nz