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competition

Australia is big. Seriously big. It is also empty. Seriously empty. With an estimated 90% of its population clustered into a handful of coastal cities (and some of those being small compared to Sydney and Melbourne), the cost of doing business can be disproportionately high in provincial and rural areas. One might think that would favour the internet and, for non-perishable, non-urgent things that's probably true although, as in many countries, the cost of delivery dramatically ramps up the cost of products in sparsely populated areas. What happens when towns become too small to support reasonable returns for businesses? Logic says "close up or combine." Australian regulators question that policy.

German company Siemens and French company Alstom are facing immense competition, especially in developing markets, from China's state-backed CRRC. The plan is to create a new Joint Venture entity owned by both companies and to transfer their respective divisions into it. So, while it is being touted as a merger, it isn't and nor is it a take-over. However, the fact that it's neither of the usual methods of combining businesses doesn't mean that competition regulators won't look at it - and opposition is coming from an unlikely quarter.

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On 5th July 2018, a UK company, Gin Festival Limited, went into administration and its website www.ginfestival.com was taken down .. So, what's this, then...?

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