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EY cancels its break up | Twitter "no longer exists" | The ACCC wants new merger laws

EY cancels its break up | Twitter "no longer exists" | The ACCC wants new merger laws

What the Flux · Flux

April 12, 20235m 59s

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Show Notes

EY has scrapped its plans to split up its audit and consulting business arms after it couldn’t get the US partners on board.

Twitter apparently “no longer exists” after Elon Musk merged Twitter with a shell company called XCorp - and this marks the first step in his super app ambitions.

The ACCC wants to see the current merger laws changed to prevent companies from dominating individual markets.

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