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.

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

Trade like a pro with eToro’s CopyTrader
Partner Content
Whether you’re a beginner learning the basics or simply too busy to monitor the m...
Etoro
Advertisement

Related Stories

Vaxxas receives $34m capital injection to advance manufacturing of needle-free vaccine

Vaxxas receives $34m capital injection to advance manufacturing of needle-free vaccine

Brisbane-based medtech Vaxxas has today announced the completion of...

Inflation set to drive pre-Christmas retail sales even higher to a record $66b

Inflation set to drive pre-Christmas retail sales even higher to a record $66b

Inflationary pressures are set to lift retail spending in the festi...

HESTA completes merger with Mercy Super

HESTA completes merger with Mercy Super

Health and community services super fund HESTA has seen its total f...

QLD government seals $280m partnership to establish mRNA vaccine research hub

QLD government seals $280m partnership to establish mRNA vaccine research hub

The Queensland Government, one of the world's largest vaccine i...