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ACCC’s Cass-Gottlieb puts powerful companies on notice

Six months after calling for merger laws to be widened to include entrenching market power, Gina Cass-Gottlieb has put a big stake in the ground.

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Another day, another bomb from the ACCC. And this one could set a new bar for merger clearances in Australia.

Three weeks after suing Qantas, six weeks after blocking ANZ Banking Group’s acquisition of Suncorp’s bank and three months after spoiling Telstra and TPG Telecom’s network sharing deal, ACCC chairwoman Gina Cass-Gottlieb has picked a proper fight with country’s biggest infrastructure owner, motorways giant Transurban Group.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5e6fk