Acquirer: Caltex Australia Petroleum Pty Ltd, Woolworths Ltd; Target: No data available
Summary
On 21 August 2003 Woolworths and Caltex announced a joint venture for the retailing of petrol. The parties subsequently entered into a short term arrangement. In March 2004, Woolworths and Caltex advised the Commission they had negotiated a long term arrangement for the retailing of petrol.
Outcome
Not Opposed
Date completed
12th July 2004
Merger type
Vertical
Guidelines thresholds
Unknown
Imports about 10%
Unknown
Market definition
Markets for petrol retailing, petrol wholesaling, grocery retailing and grocery wholesaling
Competition analysis
While the Long Term Arrangement may breach the Commission's market concentration thresholds, there is insufficient evidence to support that this would result in an SLC in the petrol retailing market.
There is also insufficient evidence to suggest that the Long Term Arrangement is likely to result in an SLC in the petrol wholesaling market.
The Long Term Arrangement does not currently account for non-fuel goods.