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ACCC delays ruling on Virgin takeover of Tiger

written by australianaviation.com.au | March 12, 2013
Virgin and Tiger have argued that the budget carrier cannot survive on its own. (Seth Jaworski)

Australia’s competition regulator has requested more information about Virgin Australia’s bid to buy Tiger Airways, delaying its decision on whether to approve the deal.

Virgin told its investors of the request last week but declined to say what information the Australia Competition and Consumer Commission (ACCC) had asked for.

The ACCC had said a decision on the deal would likely come this week but is now likely to take until next month to issue its ruling.

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Virgin and Tiger’s Singapore-based parent company have argued that Tiger cannot survive on its own and that consumers would be hurt if the budget carrier goes out of business.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

ACCC delays ruling on Virgin takeover of Tiger

written by australianaviation.com.au | March 12, 2013
Virgin and Tiger have argued that the budget carrier cannot survive on its own. (Seth Jaworski)

Australia’s competition regulator has requested more information about Virgin Australia’s bid to buy Tiger Airways, delaying its decision on whether to approve the deal.

Virgin told its investors of the request last week but declined to say what information the Australia Competition and Consumer Commission (ACCC) had asked for.

The ACCC had said a decision on the deal would likely come this week but is now likely to take until next month to issue its ruling.

Advertisement
Advertisement

Virgin and Tiger’s Singapore-based parent company have argued that Tiger cannot survive on its own and that consumers would be hurt if the budget carrier goes out of business.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

ACCC delays ruling on Virgin takeover of Tiger

written by australianaviation.com.au | March 12, 2013
Virgin and Tiger have argued that the budget carrier cannot survive on its own. (Seth Jaworski)

Australia’s competition regulator has requested more information about Virgin Australia’s bid to buy Tiger Airways, delaying its decision on whether to approve the deal.

Virgin told its investors of the request last week but declined to say what information the Australia Competition and Consumer Commission (ACCC) had asked for.

The ACCC had said a decision on the deal would likely come this week but is now likely to take until next month to issue its ruling.

Advertisement
Advertisement

Virgin and Tiger’s Singapore-based parent company have argued that Tiger cannot survive on its own and that consumers would be hurt if the budget carrier goes out of business.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

ACCC delays ruling on Virgin takeover of Tiger

written by australianaviation.com.au | March 12, 2013
Virgin and Tiger have argued that the budget carrier cannot survive on its own. (Seth Jaworski)

Australia’s competition regulator has requested more information about Virgin Australia’s bid to buy Tiger Airways, delaying its decision on whether to approve the deal.

Virgin told its investors of the request last week but declined to say what information the Australia Competition and Consumer Commission (ACCC) had asked for.

The ACCC had said a decision on the deal would likely come this week but is now likely to take until next month to issue its ruling.

Advertisement
Advertisement

Virgin and Tiger’s Singapore-based parent company have argued that Tiger cannot survive on its own and that consumers would be hurt if the budget carrier goes out of business.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

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