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Tabcorp, Tatts merger clearance returned to Competition Tribunal

( September 20, 2017, 06:10 GMT | Official Statement) -- MLex Summary: Acting on an application for review filed by the Australian Competition & Consumer Commission, Australia's Federal Court has returned the decision to authorize the merger of gaming rivals Tabcorp Holdings and Tatts Group back to the Australian Competition Tribunal for further consideration. The ACCC had argued, among other things, that the tribunal had made an error when it failed to compare the likely future state of competition both with and without the proposed acquisition. The regulator's statement follows: ...

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