ACCC clears Virgin Aust to buy Skywest
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Virgin Australia's $98 million plan to buy regional airline Skywest has been given the go-ahead by the competition watchdog.
The Australian Competition and Consumer Commission (ACCC) on Thursday cleared the deal, saying it was unlikely to lead to a substantial lessening of competition.
"The message that we received from the market was broadly supportive of the proposed acquisition," ACCC chairman Rod Sims said in a statement.
"The services that Virgin and Skywest supply are seen as largely complementary, rather than competitive with each other.