Australian regulator drops decision date for TPG-Vodafone merger, in latest delay

FILE PHOTO: The logo of Australia's TPG Telecom Ltd can be seen outside their head office in Sydney, Australia, April 12, 2017. REUTERS/David Gray/File Photo

In its latest delay, the Australian Competition and Consumer Commission said it was still receiving required information from TPG and Vodafone before it can set a new provisional date for its decision on the mega-telco tie-up. In December, ACCC said it was concerned whether the merger would reduce the incentive for the resulting entity to offer lower prices, as the deal involves two of the industry’s biggest four players.

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