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Is Vector trying to blackmail the Commerce Commission?

It looks like a threat squarely aimed at the corporate regulator but would you call it blackmail?
 
NBR reporter Jenny Ruth talks about Vector on NBR Radio and on demand on MyNBR Radio.

Jenny Ruth
Mon, 31 Aug 2015

It looks like a threat squarely aimed at the corporate regulator but would you call it blackmail?

New Zealand’s largest electricity and gas networks company, Vector [NZX: VCT], said last week it would need to invest about $1.8 billion in Auckland to keep the lights on over the next 10 years.

To

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Jenny Ruth
Mon, 31 Aug 2015
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Is Vector trying to blackmail the Commerce Commission?
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