Jetset Travelworld Limited proposed to acquire Stella Travel Services Holding Pty Ltd (Stella), which trades under a number of retail brands including Harvey World Travel, Travelscene American Express and Best Flights. Stella also owns a number of wholesale travel distribution brands including Travelscene Holidays.
Outcome of assessment
Not opposed
Total review days *
42
Commenced public review
14th May 2010
Date completed
1st September 2010
Market definition
Please see attached Public Competition Assessment.
Competition analysis
Please see attached Public Competition Assessment.
Public competition assessment
Public Competition Assessment 28th September 2010 MER10+2386.pdf (112.1 KB)
Statement of issues
Statement of Issues 21st July 2010 MER10+1142.pdf (96.2 KB)
The ACCC will not oppose the proposed acquisition of Stella Travel Services Holdings Pty Ltd by J...
Issued: 1st September 2010 Release # NR 177/10
Review timeline
Date
Event
14th May 2010
ACCC commenced review under the Merger Review Process Guidelines.
25th May 2010
ACCC requested further information from the merger parties. ACCC timeline suspended.
4th June 2010
Closing date for submissions from interested parties.
9th June 2010
ACCC received a partial response to its information request of 25 May 2010 from the merger parties. ACCC requested further additional information from the merger parties. Former proposed date for announcement of ACCC's findings of 24 June 2010 amended to allow the merger parties to provide the information requested.
16th July 2010
ACCC received all outstanding information requested from the merger parties. ACCC timeline recommenced.
21st July 2010
ACCC published a Statement of Issues outlining preliminary competition concerns.
12th August 2010
Closing date for submissions relating to Statement of Issues.
1st September 2010
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.
