Australia’s competition watchdog says it needs more information before it can rule on Virgin Australia’s proposed takeover of Tiger Airways Australia, although it has hinted that Virgin faces an uphill struggle to win approval. The Australian Competition and Consumer Commission (ACCC) made a scheduled announcement regarding the takeover on Feb. 7, but instead of a ruling, it released a “statement of issues” and set a March 14 deadline for a final decision. Industry sources had ...

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