Qantas Freight Enterprises - proposed acquisition of Jets Transport Express Pty Ltd
Type of assessment
Informal Review
Reference
31861
Acquirer(s)
Qantas Freight Enterprises
Target(s)
Jets Transport Express Pty Ltd
Industry
Freight
Outcome of assessment
Not opposed
Total review days *
14
Commenced public review
29th April 2008
Date completed
23rd May 2008
Market definition
For the purposes of this competition assessment, the ACCC considered the proposed acquisition in the context of:
- the national market for the supply of road haul services for air freight; and
- the national markets for the supply of domestic and international air haul services for air freight.
Competition analysis
The ACCC considered the proposed acquisition unlikely to substantially lessen competition in the relevant markets due to:
- there being no overlap between the merger parties in the relevant markets; and
- the existence of viable alternatives to the merged firm in road haul services for air freight which would be available to freight forwarders and other airlines.
Review timeline
Date
Event
29th April 2008
ACCC commenced review under the Merger Review Process Guidelines.
1st May 2008
ACCC requested further information from Qantas. ACCC timeline suspended.
9th May 2008
ACCC received further information from Qantas. ACCC timeline recommenced.
14th May 2008
Closing date for submissions from interested parties.
23rd May 2008
ACCC announced it would not oppose the proposed acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.