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
