ACCC's Pacific National appeal will not be heard by the High Court* The High Court of Australia has today dismissed the ACCC’s application for special leave to appeal from the Full Federal Court’s decision that Pacific National’s acquisition of the Acacia Ridge terminal from Aurizon (ASX: AZJ) would not be likely to substantially lessen competition. The dismissal of the ACCC’s application for special leave means that the decision of the Full Federal Court stands, and Pacific National can proceed with its acquisition of the Acacia Ridge Terminal. “The ACCC sought special leave to appeal to the High Court
The Australian High Court dismisses the Competition Authority’s appeal regarding a merger between two national rail transportation companies (Pacific National)
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