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ACCC slams door on ANZ, Suncorp deal

The Australian Consumer and Competition Commission (ACCC) has declined ANZ's $4.9 billion bid to acquire Suncorp Group's banking arm, citing concerns around competition and potential consumer detriment.

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Read more: ACCCANZQueenslandAustralian ConsumerSuncorp BankSuncorp GroupCompetition CommissionShayne ElliottAustralian Competition TribunalFederal TreasurerMick Keogh