The ACCC today announced that it does not propose to intervene in Swift Australia Pty Ltd's propo...
Issued: 9th September 2010 Release # NR 184/10
Review timeline
Date
Event
8th April 2010
ACCC commenced review under the Merger Review Process Guidelines.
30th April 2010
Closing date for submissions from interested parties.
26th May 2010
ACCC requested further information from Swift Australia. ACCC timeline suspended to allow Swift Australia to respond to the ACCC's request for further information.
4th June 2010
ACCC received further information from Swift Australia. ACCC timeline remained suspended to await further information from Rockdale Beef.
10th June 2010
ACCC received further information from Rockdale Beef. ACCC timeline recommenced.
24th June 2010
ACCC published a Statement of Issues outlining preliminary competition concerns.
6th July 2010
Closing date for submissions relating to Statement of Issues.
13th July 2010
ACCC requested further information from Swift Australia.
14th July 2010
ACCC requested further information from Rockdale Beef. ACCC timeline suspended to allow the merger parties to provide the information requested.
26th July 2010
ACCC received further information from Rockdale Beef and a partial response from Swift Australia to the ACCC's information request. ACCC timeline recommenced.
12th August 2010
ACCC received further information from Swift Australia. Former proposed date of 26 August 2010 amended to allow the ACCC to consider additional information provided by Swift Australia.
9th 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.