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​ACCC warns Tatts, Tabcorp merger would create major dominant player

( May 17, 2017, 06:12 GMT | Insight) -- Australia's competition regulator has told a three-person competition tribunal that allowing gaming giants Tabcorp and Tatts to merge would create a dominant player "by a very significant margin," The Australian reports. Australia's competition regulator has told a three-person competition tribunal that allowing gaming giants Tabcorp and Tatts to merge would create a dominant player "by a very significant margin," The Australian reports. The statement was made at the first of the tribunal hearings that will decide the fate of the merger. Media rights to racing vision emerged as a key issue, with major wagering rival Sportsbet arguing that the ­proposed merger could continue a "lockdown" of those valuable media rights. However, Tatts argued that given the decline of conventional tote businesses, it would be impossible for Tabcorp to continue supporting the racing ­industry if the merger was not cleared. ...

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