The Australian Competition and Consumer Commission (ACCC) has stated that it is "concerned" that Oracle's proposed hostile acquisition of Peoplesoft Inc will lead to a "substantial lessening" of competition in the market, a move in breach of the Trade Practices Act 1974.
Internet provider Internode Systems has lashed out at Telstra over its newly adjusted wholesale broadband prices.
Telstra has welcomed the re-election of the federal coalition due to its policy supporting the full privatisation of the carrier, with chief executive officer Ziggy Switkowski saying the board and management would like to "congratulate the government on their stunning victory".
Telstra has accused the Australian Competition and Consumer Commission of not giving it "sufficient guidance" in resolving a furore over broadband pricing that could see the carrier fined millions of dollars.
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