Video Ezy Australasia Pty Ltd - proposed acquisition of Blockbuster Australia Pty Ltd

Type of assessment

Informal Review

Reference

27080

Acquirer(s)

Video Ezy Australasia Pty Ltd

Target(s)

Blockbuster Australia Pty Ltd

Industry

DVD and games rental and retail

Outcome of assessment

Not opposed subject to undertakings

Total review days *

Commenced public review

12^th March 2007

Date completed

18^th September 2007

Public competition assessment

Public Competition Assessment
18^th October 2007
D07+96818.pdf (122.0 KB)

Statement of issues

Statement of Issues
9^th May 2007
D07+39969.pdf (58.4 KB)

Undertakings

Final 87B Undertakings
18^th September 2007
D07+87905.pdf (876.7 KB)

Related media releases

ACCC accepts undertaking in Blockbuster Australia Pty Ltd/Video Ezy Australasia Pty Ltd acquisition
The Australian Competition and Consumer Commission will not intervene in the acquisition of Block...
Issued: 18^th September 2007 Release # MR 255/07

Review timeline

Date	Event
12^th March 2007	ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.
26^th March 2007	Closing date for submissions from interested parties.
13^th April 2007	ACCC requested further information from Video Ezy. ACCC timeline suspended.
21^st April 2007	ACCC received further information from Video Ezy. ACCC timeline recommenced.
26^th April 2007	ACCC requested further information from Video Ezy. ACCC timeline suspended.
2^nd May 2007	ACCC received further information from Video Ezy. ACCC timeline recommenced.
9^th May 2007	ACCC published a Statement of Issues outlining preliminary competition concerns.
23^rd May 2007	Closing date for submissions relating to Statement of Issues.
1^st June 2007	ACCC announced that it is in discussions with Video Ezy. Proposed date of 6 June 2007 for announcement of ACCC's findings delayed and indicative timeline suspended pending further submission from the parties.
14^th June 2007	Draft section 87B undertaking proffered by Video Ezy. Timeline recommenced.
18^th June 2007	ACCC commenced market inquiries regarding draft section 87B undertaking.
27^th June 2007	Closing date for submissions relating to draft section 87B undertaking.
6^th July 2007	ACCC requested further information from Video Ezy. ACCC timeline suspended.
12^th July 2007	Former proposed announcement date. ACCC findings delayed until early August to allow for the provision of additional information.
1^st August 2007	Video Ezy indicates delays in providing information to ACCC. The timeline remains suspended and the ACCC will announce a revised decision date once the information is received.
10^th September 2007	ACCC received further information from Video Ezy. ACCC timeline recommenced.
18^th September 2007	After accepting court enforceable undertakings from Video Ezy, the ACCC announced it would not oppose the proposed acquisition. The undertakings are available above.

* Total Review days = Total business days less public holidays and time during which the review was suspended.

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