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Govt. Regulation of Personalised Plate Monopoly

Govt. Regulation of Personalised Plate Monopoly

239 signatures 11 to reach 250
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Started by Anonymous 17 years, 8 months ago
Personal Plates Ltd (PPL) has a strong monopoly type market involved with the distribution of different plate styles in New Zealand. Being a monopoly, the company has no competition, so can and do charge high prices to a reasonably inelastic demand, with no legal alternatives The NZ Euro plates or Blue/Black Silverfern plates available in New Zealand from Plates.co.nz are currently $400. I think this price is ridiculous, especially after all you are ordering is your original registration number but in a different style So it is no surprise that people who are enthusiastic about the aesthetics of their European car, are looking to alternatives to paying $400 for a Euro plate that has the production value of $32.50 from Licensys - the official manufacturer. These alternatives can be found overseas where an equivalent plate can be made to order for a fraction of the price of around $70-80. Unfortunately, these illegal plates can attract a $200 fine from authorities. It is my strong belief that the New Zealand Govt. should bring in regulations that make PPL lower their pricing to a more reasonable price to make the said NZ Euro plates more affordable to the general population. Or, make it possible for other companies to acquire the rights to sell and distribute the same plates. If you support a regulated or free marketed personalised plate industry in NZ please add your signature below.

Updates

November 30, 2008

Reaching this level of visibility proves I am not the only one frustrated by these prices. It has been a long road and the opposition is stubborn but seeing this many people agree keeps me moving forward.

Reached 100 supporters

November 30, 2008

6 Comments

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James McCarthy
17 years ago Featured

Way too expensive for what they are. Competition is needed asap.

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Rachel Edwards
17 years ago Featured

Seriously? $400?? That is highway robbery. Sort it out govt.

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Ben Morales
17 years ago Featured

Used to think about getting euro plates for my audi but not at that price. They really need to open this market up.

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Sarah Pearce
17 years ago Featured

Ridiculous pricing. Just let us buy them from somewhere else if they want to gouge us like this.

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Mark Tan
17 years ago Featured

Total ripoff. $400 for a bit of plastic is criminal when you think about what it actually costs to manufacture.

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Dave Lee
17 years ago Featured

I got a fine for mine. The plates look great and it shouldnt be illegal just because they want to protect their profit margins.

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