ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger

Analysis 2024-02-20 10:30 pm By Cindy Cameronne Sydney

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but the competition regulator faced an uphill battle in having the decision upheld, an expert says.