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JB Hi-Fi Given Thumbs Up for Good Guys Buy

JB Hi-Fi has been given regulatory approval to acquire whitegoods retailer The Good Guys but it is not clear if any takeover will go ahead.
The Australian Competition and Consumer Commission (ACCC) gave the consumer electronics and kitchen appliances retailer the thumbs up to buy The Good Guys on Thursday.
ACCC chairman Rod Sims said the proposed takeover would not reduce competition in consumer electronics or whitegoods as JB Hi-Fi and The Good Guys were focused on different product categories and customers. Sydney Morning Herald – Read more…
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