Vodafone
The Federal Court overruled the Australian Competition and Consumer Commission's earlier decision to block to merger.
February 13, 2020 at 06:33 AM
1 minute read
Correspondent, Sydney
Herbert Smith Freehills and Linklaters’ Australian ally Allens acted on Vodafone Hutchison Australia in its A$15 billion ($10 billion) merger with local phone and internet company TPG, which was approved by the courts on Wednesday.
In approving the deal, the Federal Court overruled the Australian Competition and Consumer Commission’s earlier decision to block to merger on the basis it would substantially lessen competition in the mobile market.
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