Opponents line up to resist Tabcorp deal

Original article by John Stensholt
The Australian Financial Review – Page: 37 : 24-Apr-17

Racing NSW CEO Peter V’Landys rejects suggestions that a merger between Tabcorp Holdings and Tatts Group would reduce competition for broadcasting rights for horse racing. Some submissions to the Australian Competition & Consumer Commission have expressed concern that the merger would increase the market power of Tabcorp-owned Sky Racing at the expense of rivals such as Racing.com, which is a joint venture between Seven West Media and Racing Victoria.

CORPORATES
TABCORP HOLDINGS LIMITED – ASX TAH, TATTS GROUP LIMITED – ASX TTS, SKY RACING, RACING.COM, RACING NSW, SEVEN WEST MEDIA LIMITED – ASX SWM, RACING VICTORIA LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, CROWNBET PTY LTD, FOXTEL MANAGEMENT PTY LTD, PACIFIC CONSORTIUM

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