The Australian Competition Authority opposes the acquisition transaction between two companies in the conveyancing sector for giving rise to competition concerns through vertical integration (Dye & Durham / Link)

Dye & Durham's proposed acquisition of Link raises preliminary competition concerns* The ACCC has outlined significant preliminary competition concerns with Dye & Durham’s (D&D) proposed acquisition of Link Administration Holdings (ASX:LNK) in a statement of issues published today. These concerns relate to the conveyancing sector which is in a transitional period as it moves to electronic conveyancing and digitalisation. While combining D&D and Link does not raise issues, by acquiring Link, D&D would gain the 42.77% shareholding in PEXA Group Ltd (PEXA) (ASX:PXA) that Link currently owns. It is the potential vertical integration of D&D’s operations and PEXA that

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Australian Competition Authority, The Australian Competition Authority opposes the acquisition transaction between two companies in the conveyancing sector for giving rise to competition concerns through vertical integration (Dye & Durham / Link), 16 June 2022, e-Competitions June 2022, Art. N° 107152

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