The comments come after the federal government opted to dismiss calls for a parliamentary inquiry into the market of Australia's biggest export just a week after Prime Minister Tony Abbott hinted at a need to get to the bottom of Fortescue's claims of abuse of market power."After discussing the issue with regulatory bodies and stakeholders across the resources sector, the government will not be initiating an inquiry at this time," Treasurer Joe Hockey said in a statement on Thursday.Mr Forrest said his calls for an inquiry were misconstrued by some as an attempt to entice greater government involvement in the market."I’m not looking for government intervention in the market, I’m looking for transparency," he said in The Australian."Those that paint me as an ­interventionist from behind their Singapore tax shields know the iron ore industry is an oligopoly in which the big three each wield more market power than Saudi Arabia in oil and where the ­barriers to entry are huge and built on decades of subsidies."What could they possibly have to be afraid of?"Meanwhile, the Minerals Council of Australia has supported the decision by the government, suggesting the recent talk served as a distraction for the struggling sector."This is a good decision that will enable Australia's iron ore sector to focus on the task of further strengthening its competitiveness in a fiercely contested global market," chief executive Brendan Pearson said in a statement.相关的主题文章：


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