News: QUB ACCC releases statement of issues on proposed acquisition of Asciano

May 26 (Reuters) - Australian Competition and Consumer Commission:

• Accc releases soi on the proposed acquisition of Asciano
• The accc commenced its review of the proposed acquisition on 30 March 2016
• Received large number of submissions from industry stakeholders expressing broad range of concerns about proposed acquisition
• "Concerns about the vertical integration of patrick container terminals with Qube and acfs"
• Expects to announce its final decision on Thursday 21 July 2016
• "Seeking additional feedback from interested parties on the likelihood of competition being lessened in container landside logistics at each port"
• Is considering whether stevedoring and empty container park services will be bundled together, in a way that forecloses rival stevedores