what happened on monday, page-19

good article col.

not sure i agree with this bit tho....

"The second issue is about one company having such a dominant position in the Pilbara iron ore industry."

But that issue, he admits, is out of his hands. "If BHP and Rio want to merge their iron ore assets, I might not like it but legally if they can get international regulatory approval, which they probably will, then they can do it. It's their company, their shareholders.


doesnt the WA and federal government have to approve the merger also?
if they stipulated that their consent would be given if the merged entity agreed to share a % of its rail capacity then that would counter the "dominant position" of the merged entity.
i think it is in his hands.

happy to be corrected if iv missed sumthing.