Private equity won’t want it. They will realise that Jetstar is now the Qantas attack dog. They will go for the throat on command. The ACCC is to slow and toothless to be a deterrent.
Qantas will tell Virgin (in a private offshore location) : “You Virgin guys can have 20% market share. If you try to go above that figure, we will crush you back to 15%”.
I’ve seen the same thing done in other industries.