'Consumers should worry': analysts doubt ACCC on Origin takeover
The regulator says although the deal is likely to reduce competition, that is outweighed by the greater benefit to the public from an accelerated energy transition.
Source: afr.com
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The regulator says although the deal is likely to reduce competition, that is outweighed by the greater benefit to the public from an accelerated energy transition.
Renewable energy and battery developer Syncline has told the watchdog that a takeover would result in less competition in power supply.
Investors are focused on the hurdles of regulatory approvals, most significantly the Australian Competition and Consumer Commission.