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Australia: ACCC concessions on Virgin, Air NZ partnership distort market, says report

 |  July 24, 2013

A report released by New Zealand’s Rotorua International Airport claims the Australian Competition and Consumer Commission’s required concessions for a partnership between Virgin Australia Holdings Ltd. and Air New Zealand distort the air travel sector. The ACCC reportedly allowed the partnership but required the two to give capacity guarantees for certain routes; Rotorua said that requirement is manipulating the market with a “distorted effect.”

Full Content: Business Spectator

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