Australian Federal Court says $15 billion merger between Vodafone and TPG would not hurt competition

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Australia court backs $10 billion Vodafone-TPG merger, overruling regulator

A woman holds her phone as she walks past an advertisement for Australia's TPG Telecom Ltd in central Sydney, Australia, April 12, 2017. REUTERS/Steven Saphore

SYDNEY - An Australian Federal court judge said on Thursday an agreed A$15 billion merger between a local joint venture of Britain’s Vodafone Group PLC and internet provider TPG Telecom Ltd would not lessen competition. The ruling appears to overturn a decision by antitrust regulator the Australian Competition and the Consumer Commission, which blocked the planned deal last year.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Why bother having a regulator, pointless.

Allow mergers to happen. If customers are not happy they will stop buying the products/ services of the merged entity and switch to others who offer better services at lower cost.

I have no idea how the Australian system of government works, so this doesn’t make a whole lotta sense. Pretty sure a judge in the US wouldn’t have this power.

so much power in the hands of judges

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Sprint Stock Soars 77% On T-Mobile Merger, Here’s Why One Expert Thinks It Could Keep SurgingSprint gained $15 billion in market value after its stock jumped on the merger news. So does this mean my plan will get more expensive? I love Sprint
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »

Sprint Stock Soars 77% On T-Mobile Merger, Here’s Why One Expert Thinks It Could Keep SurgingSprint's stock increased 77% on the T-Mobile merger, here’s why 1 expert thinks it could keep surging: by skleb1234 skleb1234 T-Mobile is better
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »

T-Mobile And Sprint’s $26 Billion Merger Gains Federal Judge’s ApprovalA federal judge approved today the $26 billion merger between T-Mobile and Sprint by lisettevoytko lisettevoytko lisettevoytko Finally! lisettevoytko balanm 👏🏼👏🏼👏🏼
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »

T-Mobile, Sprint $56 Billion Merger Cleared After Court Rejects Challenge From StatesT-Mobile’s $56 billion deal to merge with Sprint has gotten the final green light, after a federal judge shot down a lawsuit from several U.S. state attorneys general that sought to block the combo…
Herkunft: Variety - 🏆 108. / 63 Weiterlesen »

T-Mobile And Sprint’s $26 Billion Merger Gains Federal ApprovalThe two telecoms cleared their final hurdle: an antitrust lawsuit from 13 states. Talk about monopoly lol Ew Still won't be better than verizon!
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »