Transdev TSL Pty Ltd has requested clearance from the ACCC in relation to its proposed acquisition of the Melbourne Metropolitan Tram Franchise.
Outcome of assessment
Not opposed
Total review days *
3
Commenced public review
6th January 2009
Date completed
8th January 2009
Market definition
The ACCC considered the proposed acquisition in relation to the market for public transport services in metropolitan Melbourne.
Competition analysis
The ACCC considered that the acquisition of the Melbourne metropolitan tram franchise by a single operator was unlikely to substantially lessen competition, but noted that competition concerns may arise if one entity held interests in multiple franchises (e.g., train and tram). The ACCC also considered that the chosen franchisee would not have an ability to foreclose competition for the supply of rolling stock because the Victorian Government would retain responsibility for such procurement decisions under the franchise arrangements.
Review timeline
Date
Event
6th January 2009
ACCC commenced review under the Merger Review Process Guidelines.
8th January 2009
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.