Lack of effective competition concerns over Qantas-Virgin Duopoly: ACCC

The Australian Competition & Consumer Commission (ACCC) has published its final report on “Airline competition in Australia,” outlining the lack of effective competition in Australia’s domestic airline industry. For decades, the domestic airline industry has been dominated by two major players i.e., Qantas Group & Virgin Australia, which has resulted in higher airfares and poor service to consumers. The report further proposed legislative and policy changes, like freeing take-off and landing slots at the airport and establishing ombudsman for consumer related issues and others, for the promotion of competition.