News: VOC ACCC will not oppose Vocus communications' move on Nextgen

Sept 22 (Reuters) - Australian Competition and Consumer Commission (ACCC):

• Will not oppose Vocus Communications' move on Nextgen
• Found that the services supplied by Vocus and nextgen were largely complementary
• Closely examined vertical integration issues in its assessment of

  the proposed acquisition

• "market expressed very little concern over the proposed acquisition"
• Any future potential mergers or acquisitions that increase concentration

  can expect to receive close examination from the ACCC

• Nextgen's data centre business, Metronode, is not part of the proposed

  transaction