Australian watchdog approves Qantas-Emirates agreement

Markets

Wednesday, December 26, 2012
   The competition watchdog in Australia sees no issue with a proposed freight and passenger alliance between Emirates Airline and Qantas Airways, approving the draft agreement, subject to conditions, for five years.    “The ACCC considers that the alliance is likely to result in material, although not substantial, benefits to Australian consumers,” Rod Sims, chairman of the Australian Competition and Consumer Commission, said in a statement. “The ACCC is of the view that the main benefi...
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