Australia's competition regulator approves continuation of American Airlines and Qantas Airways joint business
Hong Kong, Oct. 20 -- The Australian Competition and Consumer Commission (ACCC) has issued a final determination approving American Airlines and Qantas Airways continuing to cooperate on trans-Pacific services linking Australia and New Zealand with Canada, Mexico and the U.S for a further five years. Read More The final determination followed a draft determination issued in September proposing to approve the pair's application to continue the metal-neutral joint business. "The ACCC considers that the proposed conduct is unlikely to result in any significant detriment in any relevant area of competition," the ACCC said in its final determination. "The ACCC is satisfied that the proposed conduct is likely to result in public benefits and that...
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