Expedia.com’s $660 million acquisition of Wotif.com has caught the attention of the Australian Competition and Consumer Commission, say reports.
The ACCC is reportedly seeking information from competing travel booking businesses regarding the takeover to inquire as to whether the deal harms competition. The authority is expected to make a final ruling …read more
As the largest media conglomerates in the nation strike monumental merger plans, smaller television groups like AMC Networks and Discover Communications are facing an uncertain future.
Reports say those groups are bracing for an overhaul of the broadcasting industry ahead of AT&T’s planned acquisition of DirecTV, Comcast’s proposed merger with Time …read more
India’s gas regulator, the Petroleum and Natural Gas Regulatory Board, is continuing its market inquiry into the oil industry but has reportedly reached a decision on how much natural gas sellers can charge from manufacturers.
The announcement follows the Oil Ministry’s order last November that the margin charged to sellers like …read more
Sprint and T-Mobile are reportedly planning to jointly bid on spectrum during next year’s auction in efforts to promote their proposed merger, reports say.
Unnamed sources say that the companies are meeting with separate counsels to form a joint-bidding team for next year’s auction, planned by the Federal Communications Commission. Reports …read more