Clipsal Australia Pty Ltd - acquisition of Vieo Systems Pty Ltd
Type of assessment
Informal Review
Reference
30672
Acquirer(s)
Clipsal Australia Pty Ltd
Target(s)
Vieo Systems Pty Ltd
Industry
Integrated IT systems
Summary
Clipsal Australia Pty Ltd, a subsidiary of Schneider Electric Australia Pty Ltd acquired Vieo Systems Pty Ltd
Outcome of assessment
Not opposed
Total review days *
20
Commenced public review
18th January 2008
Date completed
15th February 2008
Market definition
The ACCC considered the acquisition in the context of the national market for the supply of automated residential monitoring (ARM) systems. This included consideration of the supply of inputs into the national market for ARM systems.
Competition analysis
On 15 February 2008, the ACCC formed the view that the acquisition would be unlikely to result in a substantial lessening of competition. Factors informing this conclusion included:
- the merged entity's market share would not increase (or would only increase by a small amount) in relation to the supply of inputs into the national market for ARM systems and the national market for ARM systems itself;
- there would be a number of input suppliers which could offer comparable substitutes to the inputs that the merged entity would supply and be likely to constrain any attempted exercise of market power by the merged entity; and
- barriers to entry into the national ARM systems market appear to be relatively low.
Review timeline
Date
Event
18th January 2008
ACCC commenced review under the Merger Review Process Guidelines.
22nd January 2008
Merger parties advised the ACCC that the acquisition has been completed.
8th February 2008
Closing date for submissions from interested parties.
15th February 2008
ACCC announced it would not oppose the acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
