By RNZ
National MP David Bennett has apologised for a comment made in Parliament where he said the Commerce Commission “need a bullet”.
Speaking during the second reading of the Fuel Industry Amendment Bill on Thursday afternoon, Bennett was highly critical of the powers the legislation would afford the Commerce Commission.
The bill, aiming to encourage more competition in the fuel market, would provide a “threat of regulation” to wholesale fuel suppliers, creating a process by which the Commerce Commission could regulate terminal gate fuel prices.
“The Commerce Commission is one of the evils that we see in this country. The Commerce Commission has got everything wrong it’s ever done in the last 20 years.