31 August 2010

Oz Returns to the Duopoly Market Structure

The formal and expected announcement from the Australian Competition authorities (more correctly the ACCC) has approved the merger of Stella and Jetset/QBT. Thus creating in effect a duopoly in the market of Flight Centre and Stella Group.

With the airlines now coalesced around Qantas (including Jetstar) and Virgin Blue - the old Australian model of two of everything seems to have returned

Cheers

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