Australia: $1.6 billion Telstra deal with NBN company raises fears with regulator
A deal worth $1.6 billion between Telstra and the company building the national broadband network has raised competition concerns.
The Australian Competition and Consumer Commission says it has several concerns about the telco’s agreement with NBN Co.
Among them, it that Telstra “may receive a competitive advantage if it has access to better information than other service providers”.
The ACCC was also worried Telstra would be able to use NBN infrastructure before it was available to competitors, commission chairman Rod Sims said.
“We are looking at the parties’ proposals carefully to consider to what extent these proposals address our concerns,” Mr Sims said yesterday.
“It is important that Telstra doesn’t get a headstart selling retail services over the NBN just because its technical expertise is being used in the construction and maintenance of the NBN.”
Full content: ABC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Court Order Temporarily Halts U.S. Consumer Financial Protection Bureau Layoffs
Feb 16, 2025 by
CPI
Nokia Poised to Gain EU Approval for $2.3 Billion Infinera Acquisition
Feb 16, 2025 by
CPI
Turkey Fines Frito-Lay in Antitrust Crackdown
Feb 16, 2025 by
CPI
Advances Bill to Strengthen Antitrust Enforcement Through AI
Feb 16, 2025 by
CPI
Intel Faces Potential Breakup as Broadcom and TSMC Explore Deals
Feb 16, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon