Rechercher dans ce blog

Thursday, March 2, 2023

Australian regulator grants interim authorisation to Jetstar's Asian operations - Yahoo Finance

(Reuters) - Australia's competition regulator on Friday granted interim authorisation to Qantas Airways and its budget arm Jetstar for a continued coordination of two Jetstar Asian-based joint ventures - Jetstar Asia and Jetstar Japan.

Australian Competition and Consumer Commission (ACCC) said the interim authorisation would also allow coordination in certain circumstances between Jetstar Japan and Japan Airlines, and comes after the regulator previously authorised this coordination in 2013 and 2018.

The continued coordination of the Jetstar-branded airlines allows them to operate as a single fully integrated organisation "on matters such as flight scheduling, sales and marketing, and pricing," the regulator said.

ACCC, however, said the proposed re-authorisation does not allow coordination between Qantas and Japan Airlines.

The regulator said it issued a draft determination proposing to grant final authorisation to the arrangements for a period of five years rather than 10 and is inviting submissions.

"The ACCC considers that the coordination is likely to result in public benefits by providing consumers with a wider choice of products, enhanced services, and more convenient flight times," said ACCC Commissioner Anna Brakey.

"This conduct is likely to result in little, if any, lessening of competition," Brakey said.

(Reporting by Riya Sharma in Bengaluru; Editing by Sherry Jacob-Phillips)

Adblock test (Why?)



"asian" - Google News
March 03, 2023 at 07:21AM
https://ift.tt/pP3WxMq

Australian regulator grants interim authorisation to Jetstar's Asian operations - Yahoo Finance
"asian" - Google News
https://ift.tt/H1yoAk7
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update

No comments:

Post a Comment

Search

Featured Post

Rubin Museum, Haven for Asian Art, to Close After 20 Years - The New York Times

It is the first major art museum in New York to close within recent memory. The museum had financial challenges and has faced accusations o...

Postingan Populer