The ACCC has decided to oppose the proposed acquisition of a majority interest in Horizon Roads by Transurban Group (ASX: TCL) after concluding that the transaction would be likely to substantially lessen competition for future toll road concessions in Victoria. Transurban is Australia's largest toll road operator. In Melbourne, Transurban operates the CityLink toll road and is constructing and will operate the West Gate Tunnel toll road. Horizon Roads operates the EastLink toll road in Melbourne and is the only other private toll road operator in Australia.
https://www.miragenews.com/accc-opposes-transurbans-eastlink-acquisition-1088901/#miragenews
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