TPG and Vodafone plunge, ACCC signals intent to block their merger

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TPG and Vodafone plunge, after ACCC signals its plan to block their merger ausbiz

 

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War is peace. Slavery is freedom. Ignorance is strength. Regulation is competition. Abolish ACCC

I think it is probably the best decision to protect competition. We dont want a big 3. Vodafone is too good to lose.....

Having already seen service deteriorate thanks to TPG buying iiNet, I’m not keen to see VodafoneAU go the same way.

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Facebook, Google face crackdown as ACCC calls out their market dominanceThe internet media giants would be required to make it clearer to consumers how their private information is used, get proper consent and face significant penalties for breaching privacy laws, according to a report by the consumer watchdog. They should follow the laws any other company must. Nothing more. No further regulation specifically for them. They are private companies and they should be run however they see fit. All because Australia's newspapers can't work out how to compete and are losing money. Too bad, I say, printed press is dead. Catch up... Very limited regulation to date.
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