( August 5, 2026, 02:04 GMT | Official Statement) -- MLex Summary: Karmo Holdings' proposed acquisition of vehicle-subscription provider Simplr is under review by Australia's competition regulator. In a statement late Tuesday, the Australian Competition & Consumer Commission said Karmo, a subsidiary of dealership group Autoleague, supplies subscription services for new vehicles from hubs in Sydney, Melbourne, Brisbane, Perth and Adelaide. Simplr, owned by dealership group Eagers Automotive, supplies subscription services for used vehicles across Australia. The regulator is seeking views until Tuesday.Statement follows. Questionnaire is attached....
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