this post was submitted on 20 Feb 2024
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Australia

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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

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[–] BaldManGoomba 12 points 11 months ago

And that are corrupt. #freefriendlyjordies