Following today’s court decision to allow the $15 billion merger of telecommunication giants TPG and VHA, Commpete, an alliance of challenger telco providers, urges the ACCC to continue applying strict competition standards whilst the new company is shaping up.

“The merger is a missed opportunity for Australian consumers to experience real competition. The telco market will suffer from a domination by three giant companies who have the power to shut small players out of the market. Commpete will continue to remind the ACCC and policy makers of the importance to establish regulations ensuring fair access to the wholesale market for challenger brands. Global research shows that 30% market share for smaller brands is the right balance to foster effective competitive dynamics. This benefits consumers in terms of lower prices, increased service levels and faster technology penetration,” says Commpete Chair Michele Lim.