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Showing 1241 - 1250 of 1583 results for "Competition"

AMP seeks NZ regulator approval for AXA bid

PRESS STATEMENT  |  TUESDAY, 4 MAY 2010
... AMP's application will be scrutinised by the New Zealand commission to determine whether the acquisition would lower competition in the market. The commission is expected to make a decision on AMP's application in 10 days. AMP is listed in Australia ...

NAB/AXA merger not anti-competitive: research

MICHELLE BALTAZAR  |  FRIDAY, 23 APR 2010
... NAB bid for AXA, releasing a report that shows a combined NAB/AXA or AMP/AXA would have the same impact on industry competition. Roy Morgan Research said regulatory concerns that a merged NAB/AXA would seriously undermine industry competition have been ...

LUCRF invests in new cash account

COMPANY RELEASE  |  FRIDAY, 23 APR 2010
... executive, said the new ME Bank Super Cash Management Account is a positive step forward and creates a welcome new layer of competition within the banking industry. "We are proud to be the first investor in this new product as it compliments our diversified ...

AXA technology available to all: provider

MICHAEL HOBBS  |  FRIDAY, 23 APR 2010
The technology behind AXA Australia's platform, one of the key reasons why the competition regulator blocked NAB's bid for the company, can be accessed by anyone in the market, according to one technology provider. This week the Australian Competition ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 21 APR 2010
... run-up it had yesterday," Ms Saly said. "Investors are waiting to see whether it will challenge the ACCC's (Australian Competition and Consumer Commission's) decision to reject its takeover bid for AXA Asia Pacific," she said.

NAB clashes with ACCC decision

COMPANY RELEASE  |  WEDNESDAY, 21 APR 2010
... characterisation of the relevant market is incorrect. "It does not agree that there is any substantial lessening of competition, including in the segment of the market that provides retail investment platforms for investors with complex investment needs." ...

ACCC blocks NAB bid for AXA, backs AMP

MEDIA RELEASES  |  TUESDAY, 20 APR 2010
The Australian Competition and Consumer Commission (ACCC) has blocked the NAB bid, citing concerns about competition between retail investment platforms if NAB and AXA merged, but said it won't oppose the AMP bid. "At the heart of the ACCC's decisions ...

Market Wrap - Midday

AAP  |  TUESDAY, 20 APR 2010
... Michael Heffernan said. National Australia Bank added 72 cents, or 2.6 per cent, to $28.80, a day after the Australian Competition and Consumer Commission (ACCC) opposed NAB's $14 billion proposal to acquire AXA Asia Pacific Holdings, at the same time ...

MySuper proposal ignites storm

ALEX DUNNIN AND RUTH LIEW  |  THURSDAY, 15 APR 2010
... market will be closed to new entrants under proposals by the Super System Review (SSR) that could effectively shut down competition, entrench incumbents and force small funds to merge. The proposals are in the review's MySuper paper, which is now widely ...

PIS to step up competition in cash savings

MICHELLE BALTAZAR  |  THURSDAY, 8 APR 2010
... classes. "We will continue to enhance what we offer to our clients and... if we get it right, we'll help provide the competition that the government is looking for from the big banks," he said. But that's just the beginning. "In the long term, PIS will ...