The Australian Competition and Consumer Commission today released a Statement of Issues on the pr...
Issued: 20th September 2012 Release # NR 202/12
Indicative timeline
Date
Event
20th June 2012
ACCC commenced review under the Merger Review Process Guidelines.
6th July 2012
Closing date for submissions from interested parties.
12th July 2012
ACCC requested further information from the merger parties. Former proposed decision date of 2 August 2012 delayed. ACCC timeline suspended pending receipt of further information from the merger parties.
16th August 2012
ACCC received further information from the merger parties following ACCC's request for information on 12 July 2012. ACCC timeline recommenced.
24th August 2012
ACCC timeline suspended because of delays in merger parties responding to additional information requests made previously by the ACCC. Former proposed decision date of 6 September 2012 delayed.
3rd September 2012
ACCC received further information from merger parties. ACCC timeline recommenced.
20th September 2012
ACCC published a Statement of Issues outlining preliminary competition concerns.
4th October 2012
Closing date for submissions relating to Statement of Issues.
11th October 2012
Awaiting response from merger parties to the Statement of Issues. Request received from Woolworths and Stockland that the ACCC delay its decision date to allow them further time to provide a response. Former proposed decision date of 18 October 2012 delayed.
22nd October 2012
Responses to the Statement of Issues received from merger parties. ACCC timeline recommenced.
6th November 2012
ACCC timeline suspended upon request from Woolworths that the ACCC delay its decision date again to allow it further time to provide additional information. Former proposed decision date of 8 November 2012 delayed.
19th November 2012
ACCC received further information from Woolworths.
20th November 2012
ACCC notified Woolworths that the information provided on 19 November 2012 was incomplete and requested further information from Woolworths in support.
27th November 2012
Proposed decision date of 29 November 2012 delayed pending receipt of complete information from Woolworths supporting the information provided by Woolworths on 19 November 2012. The ACCC will announce a new decision date in due course.