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ACCC flags Transurban-WestConnex concerns

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May 17, 2018

The ACCC has raised concerns over Transurban's interest in taking a majority stake of WestConnex.

The competition watchdog has raised concerns over Transurban's interest in taking a majority stake of Sydney's WestConnex motorway, saying the toll road operator's dominance in NSW could stymie competition in the sector.

Australian Competition and Consumer Commission chairman Rod Sims says Transurban's size means it has highly detailed traffic data and has been granted five toll road concessions following unsolicited proposals to state governments - the only company to have done so in the past 30 years.

"We are concerned that the proposed acquisition may cement Transurban's advantages when competing for future toll roads," Mr Sims said.

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