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Australian court rules $10 billion Vodafone, TPG merger would not hurt competition

A woman looks at her phone as she walks past an advertisement for Australia's TPG Telecom Ltd
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SYDNEY (Reuters) - An Australian Federal court judge said on Thursday an agreed $10.1 billion (£7.8 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 (ACCC), which blocked the..
Date Published: Feb 13, 2020
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