Gutsy call

Competition regulator blocks Vodafone and TPG Telecom merger

Gutsy call by the ACCC - let's see if they are prepared for the inevitable litigation!

I can't see that the ACCC are going to have many industry witnesses to put before the court to say that the TPG - Vodafone merger is going to substantially lessen competition. Neither Telstra or Optus are likely to be fronting up as the ACCC's star witnesses.

Maybe the ACCC is relying on some smoking gun documents from TPG and Vodafone which proves that the merger parties believed that the merger will substantially  lessen competition. Having said that, it would be pretty unusual for companies to write that sort of stuff down, but you never know.

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