 The Hunter Valley access undertaking: Elements of a negotiated settlementStephen Bordignon and Stephen Littlechild Transport Policy, 2012, vol. 24, issue C, 179-187 Abstract: Is Australian transport regulation ready for negotiated access undertakings? On 29 June 2011 the Australian Competition and Consumer Commission (ACCC) accepted an access undertaking from Australian Rail Track Corporation (ARTC) in relation to the Hunter Valley rail network. The ACCC encouraged ARTC and its users (principally coal producers) to discuss and negotiate the detail of the undertaking. At the final stage the parties were able to resolve their differences and put an agreed undertaking to the ACCC. Compared to the undertaking that the ACCC would likely otherwise have accepted, this agreement was for a shorter term and embodied other provisions preferred by the users, in return for a higher rate of return requested by ARTC. The paper discusses the nature and lessons of this experience. Keywords: Negotiated settlement; Access undertaking; Transport regulation (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:24:y:2012:i:c:p:179-187 Ordering information: This journal article can be ordered from DOI: 10.1016/j.tranpol.2012.08.001 Access Statistics for this article Transport Policy is currently edited by Y. Hayashi More articles in Transport Policy from Elsevier |
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