CEG advises complainants in ACCC investigation of TPG/Vodafone merger

May 8, 2019

The proposed $15 billion merger between TPG and Vodafone has been opposed by the ACCC. Jason Ockerby, Director at CEG, advised several parties in relation to the merger clearance proceedings. CEG provided a number of reports which demonstrate that TPG has an incentive to continue its mobile network deployment given it has already incurred substantial sunk costs in spectrum, fibre network infrastructure, base station deployment and mobile customer acquisition. The CEG reports demonstrate that the proposed merger was likely to be harmful to consumers of mobile services in Australia in terms of higher prices without necessarily delivering stronger investment.