On Wednesday 8th May 2019, the ACCC rejected a proposal from TPG Telecom and Vodaphone Huchinson Australia for a merger said to be worth around $AUD 13 Billion. Critically discuss the salient aspects of this attempted merger from the perspectives of . . .

The merger partners

The ACCC

The investors

Stock Exchange and Finance Law

Include in your answer any possible repercussions of the both ACCC's decision and the manner in which it was released.

Essay content

This essay is designed to be contemporary in that this matter took up most of 2019 before the Federal Court made a ruling on the ACCC's decision. The ruling is very recent and is a significant decision of the court that will have a major impact on the future of such attempts at merger. It is an excellent case study of the regulator in action and the efficacy of their operations in the market. There is a mountain of news stories and other media on the merger available on the internet by way of a simple Google search. However, it should not be left there. The essay requires you to not only provide a narrative of what occurred, it also asks you to relate the factual material back to the legal principles you have studied in this course.