The midstream industry got a bit tougher now that the ACCC will...

The midstream industry got a bit tougher now that the ACCC will regulate, APA spun out of AGL will effectively become a monopoly and the geopolitical risk for foreign involvement and competitors such as AGL and ORG will leave APA the monopoly player under Len Bleasel, the old AGL CEO before the spin off.

If this ACCC decision is ratified, this decision and public policy pronouncement effectively will make APA a monopoly in midstream pipelines and APA will longer term have a much stronger position and will be rerated upwards to the complete detriment of AGL

AGL will stick to downstream, IFM will plunder other infrastructure assets elsewhere, ORG will stick away from being in between and no foreigner will go near midstream.

A fantastic bonanza for APA: ASX market remains clueless, AGL should have gone up 2% not down 1.35% based on POO, longer term the AGL SP will be left behind the APA SP which should rocket into double digits now IMHO but pls DYOR.

As for the ACCC, while the Bob Hawke apparatchik Rod Sims is in the chair, the monopolies do better and now the ACCC has effectively created another one, APA in midstream to the detriment of AGL, EnergyAustralia/ CLP's EnergyChina, STO, WPL and ORG.

Bad for consumers such as AGL, EnergyAustralia or is that CLP EnergyChina, STO, WPL and ORG, fantastic for APA sholders.