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 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Australian Regulator Wants Closer Look At Virgin-Tiger Deal".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.