IAG-RAC Deal: Australian Watchdog Launches Phase 2 Review

ACCC Escalates IAG-RAC Acquisition to Phase 2 Review Over Competition Fears CANBERRA — The Australian Competition and Consumer Commission (ACCC) has sounded a significant alarm over one of the insurance industry’s most ambitious moves, officially moving the IAG RAC acquisition into a rigorous Phase 2 review. The regulator has signaled that the proposed merger could … Read more