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Australia: ACCC probing iiNet deal over lack of competition

By  |  June 11, 2015

The Australian Competition and Consumer Commission is investigating if TPG Telecom’s proposed acquisition of iiNet would substantially lessen competition in the market for the supply of retail fixed broadband services.

ACCC chairman, Rod Sims, said on Thursday that the acquisition would combine two of the five largest suppliers of fixed broadband in Australia.

The consumer watchdog is exploring the extent to which the acquisition of iiNet will decrease competition by reducing the likely competitive tensions around pricing, innovation and service quality.

The ACCC has released a statement of issues outlining its preliminary views on the acquisition and has invited other parties to respond by July 5.

Full content: Computer Business Review

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