Acquirer(s)
- carsales.com Limited
Target(s)
- TradingPost.com.au
Summary
In August 2012, Carsales.com limited informed the ACCC that it proposed to acquire assets associated with Trading Post from Telstra Corporation Limited. Following a public review, on 20 December 2012 the ACCC announced that it would oppose the acquisition.Market definition
Please refer to the attached Public Competition Assessment.Competition analysis
Please refer to the attached Public Competition Assessment.Statement of issues
| Document title | Date | |
|---|---|---|
| Carsales Trading Post - Statement of Issues - 19 October 2012 |
Public competition assessment
| Document title | Date | |
|---|---|---|
| Public Competition Assessment |
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC published a Statement of Issues outlining preliminary competition concerns. |
|
Closing date for submissions relating to Statement of Issues. |
|
ACCC timeline suspended. Carsales requested more time to respond to Statement of Issues. Former decision date of 29 November 2012 delayed pending receipt of this information. |
|
ACCC received further information from Carsales. ACCC timeline recommenced. |
|
ACCC announced it would oppose the proposed acquisition. |