Virgin Australia Holdings Ltd. may harm competition for air travel if it’s allowed to take control of Tiger Airways Holdings Ltd.’s local arm, the country’s antitrust agency said.
The deal risks “muted competition” if Australia’s second- largest carrier is allowed to buy third-ranked Tiger, the Australian Competition and Consumer Commission said in a statement. Virgin was preparing a response and “strongly believes” the deal will increase competition, the company said in a regulatory statement. Full story
Related:
Tiger Airways Board of Directors approves the sale of Tiger Airways to Virgin Australia - Centre For Aviation
