ACCC takes Pacific National, Aurizon terminal deal challenge to High Court

Competition & Consumer Protection 2020-06-26 10:15 am By Christine Caulfield | Melbourne

The competition regulator wants the High Court to hear its challenge to Pacific National’s $205 million acquisition of Aurizon’s Acacia Ridge Terminal in Queensland, saying the deal would entrench the rail freight carrier’s near monopoly on the east coast of Australia.