The chief of Australia’s competition regulator, the ACCC, Rod Sims has warned that the takeovers of smaller rivals by digital platforms, including their data sets, may pose a threat to consumers’ choice and privacy.
Accounting software provider MYOB has failed to come up with a better deal than that proposed by US-based equity firm KKR last year.
Expedia's proposed takeover of Wotif will seemingly go ahead after Australia's competition watchdog, the Australian Competition and Consumer Commission, announced it will not oppose the acquisition.
It starts today
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