Discuss why the Gov. might want to interfere in sale of a company like Qantas? - Merspi most recent 30 from http://merspi.com.au 2010-09-08T23:14:15Z http://merspi.com.au/feeds/question/545 http://www.creativecommons.org/licenses/by-nc/2.5/rdf http://merspi.com.au/questions/545/discuss-why-the-gov-might-want-to-interfere-in-sale-of-a-company-like-qantas Discuss why the Gov. might want to interfere in sale of a company like Qantas? asa.hoshi 2009-12-21T07:08:27Z 2009-12-22T07:45:47Z <p>Being a privately owned company is there a reason why? It came up on one of the trial exams my economics teacher gave our class.</p> http://merspi.com.au/questions/545/discuss-why-the-gov-might-want-to-interfere-in-sale-of-a-company-like-qantas/570#570 Answer by PraveenMut for Discuss why the Gov. might want to interfere in sale of a company like Qantas? PraveenMut 2009-12-22T07:45:47Z 2009-12-22T07:45:47Z <p>The government intervened in the sale of Qantas quite aggressively as it was an Australian symbol - "The Spirit of Australia" and it was being sold a foreign private equity group which would render the slogan quite useless. </p> <p>Qantas reputation was entirely built on being Australian and being owned by Australians. </p> <p>Other reasons regulatory authorities (ACCC, SEC etc) would want to intervene in M&amp;A (Merger and Acquistion) transactions could be:</p> <ul> <li><p>It would monopolize the market, too much power to a company. Does not promote competition and fair trade to both consumers and producers.</p></li> <li><p>Unjust M&amp;A, breach some acts of Company Law.</p></li> </ul>