Various parties - proposed acquisition of Victorian Wagering and Betting Licence
Type of assessment
Informal Review
Reference
36863
Acquirer(s)
Various parties
Target(s)
Victorian Wagering and Betting Licence
Industry
Gambling
Summary
The ACCC has withdrawn its consideration of the sale of the Victorian Wagering and Betting Licence following advice from the Solicitor General that, as the initial grant of a statutory licence, the acquisition of this licence is not an acquisition within the scope of Section 50 of the Trade Practices Act 1974.
Outcome of assessment
No decision
Total review days *
33
Commenced public review
31st March 2009
Date completed
20th May 2009
Review timeline
Date
Event
31st March 2009
ACCC commenced review under the Merger Review Process Guidelines.
21st April 2009
Closing date for submissions from interested parties.
1st May 2009
Former proposed date for announcement of ACCC's findings, amended to allow for further inquiries.
20th May 2009
ACCC withdrew its consideration of the sale of the Victorian Wagering and Betting Licence.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
