I'm starting to note the growing number of headlines in regards to the ACCC concerns with the big merger and the subsequent monopolising/manipulating of Iron Ore prices that would result from a BHP/RIO union. ACCC are also concerned that such a powerful entity would make life very difficult for small emerging players.
I am now wondering how BHP and RIO will respond to these concerns. Presumably they would need to demonstrate and convince the ACCC that this is not the case. If so, then I think we might start to see some "deals" being done with smaller players shortly to dampen these concerns. Who better that with the NWIOA.
Thoughts?
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