Mergers & Acquisitions Mergers & Acquisitions

Comment: Australia's antitrust enforcer walks up the down-escalator on banking competition

By James Panichi and Ryan Cropp
  • 22 Feb 2024 04:19
  • 22 Feb 2024 04:26
There’s no denying that this has been a tough week for Australia’s antitrust regulator. It had mounted a fierce defense of its decision to block the A$4.9 billion ($3.21 billion) acquisition of Suncorp Bank by industry colossus Australia and New Zealand Banking Group, only to have its arguments demolished by a

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James Panichi

Senior Editor, Asia Pacific


James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the European operation of US political website Politico as an investigative reporter specializing in governance, transparency and lobbying.

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