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Australian competition watchdog gives Suncorp's competitive position 'outsized significance,' court hears

By Saloni Sinha
  • 05 Dec 2023 06:51
  • 05 Dec 2023 06:51
Suncorp Bank’s competitive position in Australia’s financial-services markets was awarded an “outsized significance” by antitrust officials reviewing the lender’s acquisition by the Australia New Zealand Banking Group, or ANZ, a court heard today.
On the second day of hearings at the Australian Competition Tribunal, Cameron Moore, a lawyer acting for

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