ACCC does not provide immunity from prosecution for anit-competitive breaches - it lessens the propensity for litigation
The safe 'draft' call by ACCC to approve for 5 years is the aviation approval equivalent of a good behaviour bond - nice to see the regulator more concerned over the interests of the NZ market rather than home.
IASC now needs to be a little more articulate with route approvals and backdoor codeshar/franchise alliances
AT