Woolworths Limited - proposed acquisition of a lease for a new supermarket site at Hunter's Hill in NSW
Type of assessment
Informal Review
Reference
38267
Acquirer(s)
Woolworths Limited
Target(s)
Supermarket site at Hunter's Hill in NSW
Industry
Supermarket
Summary
Woolworths Limited proposed to acquire a lease for a new supermarket at Hunter's Hill in New South Wales.
Outcome of assessment
Not opposed
Total review days *
18
Commenced public review
24th June 2009
Date completed
17th July 2009
Market definition
The ACCC did not consider it necessary to reach a definitive view on market definition, since the results of the competition analysis would remain unchanged regardless of the precise market definition adopted.
Competition analysis
The ACCC considered that the proposed acquisition was unlikely to substantially lessen competition in any relevant market. In forming this view, the ACCC noted that by establishing a new supermarket in Hunter's Hill, Woolworths would be adding to the number of supermarkets competing in the local area, and would face competition from a number of existing competitors in that area.
Review timeline
Date
Event
24th June 2009
ACCC commenced review under the Merger Review Process Guidelines.
17th July 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.
