Australia’s internet broadband provider, NBN Co., will convene with the national consumer watchdog to reform its pricing model.
Until now, the terms and prices for access to the National Broadband Network have largely been developed by NBN Co without oversight.
Australian Competition and Consumer Commission chair Rod Sims said the reform process is the start of bringing NBN prices under regulation, and improving prices for customers.
“This is the start of a long reform process that would effectively put NBN pricing under the ACCC’s regulatory umbrella, and would improve access pricing for NBN Co customers,” Mr Rod Sims said.