Aug 20 (Reuters) - ACCC
* Iinet ltd - axx: accc to not oppose acquisition of iiNet by TPG IIN.AX
* Accc - has noted the growing consolidation in what will now become a relatively concentrated broadband market
* Accc - also concluded that acquisition of iiNet by TPG will not substantially lessen competition in market for wholesale transmission services
* Accc-found combined competitive constraint from other retail fixed broadband suppliers would be likely sufficient to limit harm to competition from merger
* Source text for Eikon ID:nASX8sLPk2