Podknife - Competition watchdog defends ANZ decision by RN Breakfast

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Competition watchdog defends ANZ decision

Podcast |: RN Breakfast - Separate stories podcast
Publisher |: ABC Podcasts
Media Type |: audio
Podknife tags |: Australia,; Interview,; News & Politics,; On The Radio
Categories Via RSS |: Daily News,; News
Publication Date |: Feb 21, 2024
Episode Duration |: 00:08:25

Australia's competition watchdog is defending its decision to block ANZ's takeover of Suncorp's banking arm, after it was overturned by an independent tribunal.

The ACCC argued the acquisition would reduce competition in the banking sector, where the big four banks have more than 70 per cent control.

Guest: Graeme Samuel, former chair of the ACCC

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