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​ACCC outlines concerns over Qube, Brookfield's acquisition of Asciano

( May 26, 2016, 01:23 GMT | Official Statement) -- MLex Summary: The Australian Competition & Consumer Commission is concerned that the proposed acquisition of Asciano by the consortium led by Qube and Brookfield Infrastructure Partners may reduce competition in the rail freight industry. The regulator said several stakeholders were concerned about the vertical integration that would result from the deal — Asciano’s Patrick container terminals merging with the two largest landside import-export container logistics providers in Australia, Qube and Asciano’s joint venture ACFS. The commission will accept further inputs until June 10, and expects to release its final decision on July 21.The regulator's statement follows: ...

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