Wonder why there’s a cost of living crisis in Australia?

Why comfortable oligopolies gouge customers? Why there’s no competition in industries like banking, aviation, or supermarkets?

Because this is how Australian competition law operates: https://www.theguardian.com/australia-news/2024/feb/20/anz-suncorp-bank-merger-decision-approved-accc-tribunal-appeal?CMP=aus_bsky

#banking #finance #capitalism #politics #economy #economics #australia @australia