The Australian Competition and Consumer Commission has concluded that the proposed acquisition of...
Issued: 1st October 2008 Release # NR 279/08
Review timeline
Date
Event
6th June 2008
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.
17th June 2008
ACCC requested further information from BHP Billiton. ACCC timeline suspended.
1st July 2008
Closing date for submissions from interested parties.
4th July 2008
ACCC received partial response from BHP Billiton to the information request of 17 June 2008.
11th July 2008
ACCC received outstanding information from BHP Billiton in response to the information request of 17 June 2008. ACCC timeline recommenced.
22nd July 2008
ACCC requested further information from BHP Billiton. ACCC timeline suspended.
30th July 2008
Former proposed date for announcement of ACCC's findings of 13 August, amended to allow for BHP Billiton's response to the information request of 22 July 2008.
20th August 2008
ACCC received further information from BHP Billiton. ACCC timeline recommenced.
22nd August 2008
ACCC published a Statement of Issues outlining potential competition concerns.
5th September 2008
Closing date for submissions from interested parties regarding the Statement of Issues. ACCC timeline suspended pending receipt of further information requested from BHP Billiton.
18th September 2008
ACCC received further information from BHP Billiton. ACCC timeline recommenced.
1st October 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.
