Qantas - Air New Zealand proposal requires 'close scrutiny' -- ACCC.

0 Comments | M2 Presswire, November, 2002

M2 PRESSWIRE-25 November 2002-ACCC: Qantas - Air New Zealand proposal requires 'close scrutiny' -- ACCC(C)1994-2002 M2 COMMUNICATIONS LTD RDATE:11252002 The proposed link between Qantas and Air New Zealand will come under close scrutiny from the Australian Competition and Consumer Commission, ACCC Chairman, Professor Allan Fels, said today.

"The proposal immediately raises competition concerns for the ACCC", he said. "The ACCC has previously indicated that it had concerns about proposed mergers between the two airlines, particularly on the Trans-Tasman and Pacific routes. "Today's announcement appears to include strong elements of anti-competitive arrangements including price-fixing and route-sharing. "If so, for the proposal to proceed the companies...