Business
Competition watchdog to hold public inquiry into Crown merger with Star casino group – The Guardian
Exclusive: ACCC chairman Rod Sims says he will look at the impacts on competition if gambling companies are allowed to merge
The competition regulator will hold a a public review of a proposal to merge Australias two biggest casino groups after the Star Entertainment group announced a bid for its rival Crown Resorts, controlled byJames Packer.
The Australian Competition and Consumer Commission (ACCC) chairman, Rod Sims, said he would conduct a public review of the merger proposal, which would result in a casino giant with operations in Sydney, Melbourne, Brisbane, Perth and the Gold Coast.
We will do a detailed investigation….
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