TLS 0.76% $3.92 telstra group limited

TLS chart, page-321

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    I'd really like to know if the rules can be inconsistently applied to a merger and joint venture. Seems really like a very similar deal, but maybe the legalities happen to be different? In the end the ACCC is meant to look through the actual structuring of entities I suspect, with my extremely limited knowledge of competition cases
 
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