Competition review targets rent-seeking pharmacies, taxis
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The draft report of the Harper competition policy review has urged the government to free-up rules preventing competition in the the pharmacy and taxi industries. From Business Spectator:
Current restrictions on the location of pharmacies and a rule that only pharmacists can own a pharmacy do not ensure the quality of advice provided to a consumer and should be scrapped…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.