ACCC oppose DJ/NZ tieup

The Australian Competition and Consumer Commission has rejected the proposed trans tasman alliance between Virgin Blue and Air New Zealand stating the proposal was

"likely to reduce competition in the market for trans-Tasman air passenger services".

The knockback comes the day after US regulators rejected Virgin Blue's proposed partnership with Delta Air Lines on flights between the US and Australia in a preliminary ruling.

Read the full news.com.au story HERE