Neverfail Springwater - proposed acquisition of Palm Springs Ltd
Type of assessment
Informal Review
Reference
24574
Acquirer(s)
Neverfail Springwater
Target(s)
Palm Springs Ltd
Industry
Bottled water retailing
Outcome of assessment
Not opposed
Total review days *
19
Commenced public review
1st August 2006
Date completed
25th August 2006
Market definition
The relevant markets are regional markets in Queensland, New South Wales, ACT and Victoria for the supply of bottled and filtered water.
Competition analysis
The acquisition is unlikely to result in a substantial lessening of competition in any regional markets for the supply of bottled and filtered water. In particular, barriers to entry appear to be relatively low and a number of competitors supplying either bottled water or water filtration units will remain.
Review timeline
Date
Event
1st August 2006
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced
22nd August 2006
Closing date for submissions from interested parties
25th August 2006
ACCC announced that it would not oppose the proposed acquisition
* Total Review days = Total business days less public holidays and time during which the review was suspended.
