Australian competition authority denies ANZ-Qantas codeshare

The Australian Competition and Consumer Commission last week issued a draft decision denying authorization of the Tasman Networks Agreement reached seven months ago by Qantas and Air New Zealand (ATWOnline, April 13). The carriers combine for approximately 80% of transtasman traffic and ratifying the agreement "would fundamentally change the competitive process on the transtasman," according to ACCC Chairman Graeme Samuel, who said it would "result in limited public benefits in the form of ...