Toll Transport Pty Ltd - proposed acquisition of MFL Enterprises Pty Ltd
Type of assessment
Informal Review
Reference
44064
Acquirer(s)
Toll Transport Pty Ltd
Target(s)
MFL Enterprises Pty Ltd
Industry
Transport service provider
Outcome of assessment
Not opposed
Total review days *
15
Commenced public review
16th November 2010
Date completed
6th December 2010
Market definition
The ACCC considered the competitive effects of the proposed acquisition in the context of a market for the interstate supply of refrigerated road transportation services between states on the east coast of Australia.
Competition analysis
The ACCC considered that the proposed acquisition was unlikely to result in a substantial lessening of competition in the relevant market on the basis that post acquisition, the merged entity would face significant competition from several other suppliers in the relevant market and customers could switch between suppliers of these services in the event the merged firm increased prices or reduced the quality of non-price aspects of its service.
Review timeline
Date
Event
16th November 2010
ACCC commenced review under the Merger Review Process Guidelines.
26th November 2010
Closing date for submissions from interested parties.
6th December 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.
