Coronavirus updates: WA refuses to open border despite NSW 'bullying'; 'Bedlam' at holiday hotspot; Australian industry sector revived; Push to boost local PPE manufacturing; Qantas flights for $19
"Qantas's decision to complete the acquisition of the 19.9 per cent stake in Alliance without first seeking ACCC clearance means this is an enforcement investigation rather than a standard merger review," ACCC Chairman Rod Sims said. "The Australian aviation industry remains highly concentrated and it is crucial that competition provided by smaller airlines is maintained long-term," Mr Sims said.
"The Australian aviation industry is in a state of major upheaval and now, more than ever, we are concerned that competition by smaller airlines is not hindered."Alliance, through a codeshare arrangement with Virgin, is Qantas' only competitor on passenger routes between Brisbane and the regional centres of Bundaberg and Gladstone