March 4, 2020 / 10:43 PM / 24 days ago

BRIEF-Australian Competition and Consumer Commission Updates On TPG-Vodafone Merger

March 5 (Reuters) - Australian Competition and Consumer Commission:

* WILL NOT APPEAL FEDERAL COURT’S DECISION TO ALLOW TPG-VODAFONE MERGER

* CONCLUDED THAT IT DOES NOT HAVE GROUNDS FOR APPEAL, WHICH WOULD REQUIRE ACCC TO ESTABLISH AN ERROR OF LAW BY JUDGE

* “WILL CONTINUE TO OPPOSE MERGERS THAT WE BELIEVE WILL SUBSTANTIALLY LESSEN COMPETITION” Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below