Disagree. If you look at the witnesses/experts which the court summoned and the questions asked by the both layers, it is not about the ACCC process.
It was all about two questions:
1. Would TPG really build the 4th if merger is blocked
2. Would this blocking decision would increase future competition or not. (assume 4th is built by TPG)
Good luck to all holders.
TPM Price at posting:
$6.68 Sentiment: Hold Disclosure: Held