CALLS FOR COMMENT ON FOXTEL'S AUSTAR ACQUISITION

CALLS FOR COMMENT ON FOXTEL'S AUSTAR ACQUISITION

THE Australian Competition and Consumer Commission (ACCC) has released a statement of issues on the proposed acquisition by FOXTEL Management of rival AUSTAR United Communications.

The Statement of Issues seeks further information on certain competition issues which have arisen from the ACCC's review to date.

The ACCC invites further submissions from the market in response to the Statement of Issues by August 11. As a result the ACCC's final decision will be deferred until September 8, 2011.

Submissions can be sent by email to the ACCC at [email protected]. The Statement of Issues will be available on the public merger register on the ACCC's website, www.accc.gov.au/mergersregister.

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

HESTA to pump $250m into new global fund with Stafford Capital Partners

HESTA to pump $250m into new global fund with Stafford Capital Partners

Strong returns over the past three years from a $200 million global...

Pacific Smiles to extend nib dental offering to all centres

Pacific Smiles to extend nib dental offering to all centres

Takeover target Pacific Smiles (ASX: PSQ) may see its clinics filli...

The Chemist Warehouse deal is a sideshow: pharmacies are ripe for bigger disruption

The Chemist Warehouse deal is a sideshow: pharmacies are ripe for bigger disruption

There’s something curious about the proposed merger between C...

Sushi Sushi catches a new fish with Sushi Musa acquisition

Sushi Sushi catches a new fish with Sushi Musa acquisition

One of Australia's leading quick service retail (QSR) food chai...