A crouching Tiger on Qantas turf

The ACCC's approval of Virgin's controlling stake in Tiger Airways reduces the Australian aviation industry to a duopoly, but should ironically increase competition.

So, the Australian Competition and Consumer Commission bought the ‘failing firm’ argument and has cleared the path for Virgin Australia to take control of Tiger Airways’ Australian operations and surround arch-rival Qantas with a range of brands and products. That’s not particularly surprising, given that the argument was quite convincing.

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