The Australian Competition and Consumer Commission (ACCC) will not demand that dark fibre and National Broadband Network (NBN) wholesale aggregation service providers hand over pricing and supply data, after saying on Thursday it was happy with the level of competition.
“The ACCC considers that competition in the market for NBN aggregation services is developing as the NBN rollout continues, and that this has largely addressed customer concerns,” the watchdog said in a statement.
Such services are used by smaller NBN retailers to reach customers where they do not own infrastructure. Alongside dark fibre and NBN aggregators, the Commission added that other alternatives are available, such as NBN’s virtual network-network interface product.
“We have seen significant recent developments in this market, including the entry of more providers, a bigger variety of products, and more reliable passing through of NBN price discounts and product launches to wholesale customers,” ACCC Commissioner Cristina Cifuentes said.
Under the proposed rules, dark fibre providers and NBN aggregators would have had to report quarterly on the supply and price of services.
Earlier this month, the ACCC decided to oppose the merger between TPG and Vodafone Australia.
The Commission said it believed the merger would substantially lessen competition, and that TPG had the commercial incentive to roll out a mobile network.
“TPG is the best prospect Australia has for a new mobile network operator to enter the market, and this is likely the last chance we have for stronger competition in the supply of mobile services,” ACCC chair Rod Sims said.
“Wherever possible, market structures should be settled by the competitive process, not by a merger which results in a market structure that would be subject to little challenge in the future. This is particularly the case in concentrated sectors, such as mobile services in Australia.”
In response, Vodafone Australia and TPG are heading to Federal Court for a merger approval.
The ACCC’s record in opposing mergers is far from spotless, and on Wednesday had its proceedings to prevent a merger between Pacific National and Aurizon rail companies be dismissed in Federal Court.
ACCC opposes TPG and Vodafone Australia merger
Consumer watchdog rejects deal to create new telco worth AU$15 billion.
Australia has 24.3m active retail mobile services: ACCC
Although 91% of the total volume of data downloaded is through fixed-line and wired connections.
ACCC questions fairness of NBN basic pricing
With the gap between basic 12Mbps plans and 50Mbps plans closing, the ACCC questions the fairness of NBN plans compared to existing ADSL plans.
Cryptocurrency scams took over AU$6m from Australians in 2018: ACCC
While hacking scams accounted for over AU$3 million in reported losses.
Google rejects ACCC’s calls to have tougher scrutiny over Australian operations
The search giant believes that if the consumer watchdog holds any particular concerns, it is welcome to investigate under existing Australian law.
2023 Cadillac Escalade V-Series confirmed: What we know of this Super SUV
Cadillac’s most lavish model is about to get a sports upgrade, with the 2023 Escalade V-Series marking the first time the SUV has worn the badge. While already notorious for its scale, luxury cabin, and general excess, the V-Series flavor of Escalade will add performance to that mix.
Full details of the 2023 Escalade V-Series won’t be shared until spring of this year, Cadillac has warned. These newly-released photos, meanwhile, show the pre-production form of the SUV. Still, it gives us plenty to go on, as does the trajectory of the V-Series line in general.
For Cadillac, V-Series is more than just speed
You can’t accuse Cadillac of underplaying just what a V-badged model can do. “With nearly two decades of racing-inspired prowess,” the automaker promises, “the V-Series designation is reserved for vehicles that encompass the peak of Cadillac performance, bold, distinguished design, and innovative technology.”
The route from V-Series’ founding in 2003 to today has seen a few big changes along the way. Initially intended as a way for Cadillac to compete with Mercedes-AMG and BMW’s M division, it debuted with the 2004 Cadillac CTS-V sports sedan. That managed to score a role in the original Matrix movie series, (specifically The Matrix Reloaded, released in 2003), helping secure the green-light for the second-generation V Series in 2009.
Cadillac stuck with a familiar strategy: big, high-horsepower V8 engines, paired with its Magnetic Ride Control system for a sedan that could flick from luxury cruiser to track hero at the push of a button. By the time the ATS-V arrived in 2015, however, the criteria had expanded. Smaller and more affordable than the third-generation CTS-V – which got the Corvette C7’s 6.2-liter LT4 V8 to play with – the ATS-V packed a twin-turbo V6.
Beyond that, Cadillac attempted to replicate what BMW and Mercedes had achieved, expanding “V” as a broader badge to indicate a more sporting – though not necessarily the most sporting – iteration of a regular model. It tried, and abandoned, the V-Sport trim, and has most recently settled on “V” badged models as being entry-level performance options. The CT5-V and CT4-V are the current examples of that.
Meanwhile, a new Blackwing designation flags the most extreme examples of V-Series performance. Initially referring to Cadillac’s new Blackwing engine, but since expanded, the trim has so far appeared on the CT4-V Blackwing and CT5-V Blackwing, each produced in limited number.
What we expect from the 2023 Cadillac Escalade V-Series
For the 2023 Escalade V-Series, the expectation is an evolution in performance rather than the outright leap that Blackwing badging would indicate. The current Escalade – now in its fifth-generation – already features a V8 engine as standard. That’s 6.2-liters in size and offers 420 horsepower and 460 lb-ft of torque. A 10-speed automatic is standard.
They’re not small numbers, but then again the Escalade is not a small SUV. One possibility for an upgrade is the V8 from the CT5-V Blackwing, supercharged and with upwards of 600 horsepower on tap. Cadillac would obviously need to upgrade other components such as the brakes to balance that uptick in power, though Magnetic Ride suspension is already available on the SUV in its current form.
To better distinguish the V-Series truck visually, Cadillac has given it a moody makeover. The grille switches to black mesh, and most of the chrome has been deleted in favor of gloss-black trim. The bumpers front and rear, and the side sills, have been tweaked, and of course there are vast blacked-out wheels, too.
For the inside, Cadillac is playing it even more coy. A single image previews the “V” badging on the steering wheel, though we’d expect a fair amount of carbon fiber and Alcantara to feature, based on the other V-Series cars. The Escalade already offers a huge, curved dashboard display and plenty of space across three rows, not to mention a whole host of toys to play with.
As for 2023 Escalade V-Series pricing, there too Cadillac is saving full details. The current model spirals up to over $109k for the standard-length 4WD Sport Platinum trim, and that’s before you head into the options list. A six-figure V-Series is basically guaranteed, then, as Cadillac takes on well-esteemed (and well-equipped) performance SUVs from its German rivals.
Brabus 800 Adventure XLP Superblack is taking it to the extreme
Renowned Mercedes-Benz tuning house Brabus has unleashed its latest creation based on the Mercedes-AMG G63 sport-luxury SUV. It’s the newest variant of the 800 Adventure XLP Superblack, a go-anywhere pickup truck hiding a mighty powerful V8 engine under the hood.
Images: Brabus GmbH
This Airstream eStream concept is an electric camper with an innovative twist
Thor Industries, maker of the Airstream and other popular RVs, recently unveiled the eStream electric camper concept. It’s essentially a hi-tech Airstream travel trailer with some nifty innovations hiding underneath.
Images: Thor Industries
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