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.
Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support