The Australian Competition and Consumer Commission (ACCC) on Thursday said that a proposed A$9.1 billion ($6.5 billion) buyout of Asciano Ltd, a rail and port giant, by a host of global investors may affect competition in Australia’s rail freight industry.
The antitrust watchdog said the planned planned takeover by Canada’s Brookfield Asset Management Inc. and Australian cargo handler Qube Holdings Ltd may give Qube unfair access to services contracts with the ports of Asciano.
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