ACCC chairman disccusses banks merger
| Source: | Lateline Business |
|---|---|
| Published: | Wednesday, August 13, 2008 10:49 AEST |
| Expires: | Tuesday, November 11, 2008 10:49 AEST |
The proposal to merge the St George and Westpac banks has been given the green light by the ACCC. The competition watchdog says the deal is unlikely to substantially lessen competition, and its chairman Graeme Samuel tells Lateline Business why.