The Government Prices Oversight Commission was established under the Tasmanian Government Prices Oversight Act 1995, which commenced on 1 January 1996. ;;The Commission was an independent body with responsibility for conducting investigations into the pricing policies and practices of Government Business Enterprises (GBEs), Government Agencies and Local Government Bodies that are monopoly, or near monopoly, suppliers of goods and services in Tasmania. ;;;;On 1 June 2010 the functions of the Government Prices Oversight Commission were vested with the Tasmanian Economic Regulator under the Economic Regulator Act 2009.