Fitness First Australia Pty Limited's acquisition of Space Health Clubs Pty Limited
Summary
Fitness First Australia Pty Limited's acquisition of Space Health Clubs Pty Limited
File number
C2005/135-02
Industry
Fitness Centres
Outcome
Not Opposed
Date completed
26th October 2005
Merger type
Horizontal
Market definition
The ACCC assessed the acquisition on the basis of local markets for fitness centres in the areas of the Melbourne CBD and Richmond in Victoria, and Chatswood in New South Wales. Given that no competition concerns arose in these markets, it was not necessary to consider whether a wider geographic or product market existed.
Competition analysis
The ACCC considered that the acquisition was unlikely to substantially lessen competition in the relevant markets because a significant number of competing fitness centres exist in each market.
