Australian watchdog flags competition concerns over Qantas-Alliance deal

(Reuters) - Australia's competition regulator raised concerns on Thursday over Qantas Airways Ltd's acquisition of a 19.9% stake in Alliance Airlines, saying Qantas had not sought informal clearance from the regulator before the deal. "We consider this shareholding has the potential to impact Alliance's future growth and its ability to be a strong competitor," Rod Sims, chair of the Australian Competition and Consumer Commission (ACCC), said in a statement

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