Consumer body's concerns over Australian airport's parking profit margins

Leading Australian airports are making more than a 70% profit on car parking according to a report by the Australian Consumer and Competition Commission (ACCC).

The ACCC says a lack of competitive pressure is the reason for Australia’s international airports such as Brisbane, Melbourne, Perth and Sydney being able to enjoy wide profit margins.

The report also said airports were exploiting their “unconstrained monopoly” by charging large mark-ups for air services while letting...

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