The Australian Competition and Consumer Commission today issued a Statement of Issues on the proposed acquisition of certain assets of Carter Holt Harvey's Woodproducts Australia business by Sumitomo Forestry Co Ltd.
The Statement of Issues seeks further information on certain competition issues which have arisen from the ACCC's market inquiries.
The ACCC invites further submissions from the market by 30 January 2008. To allow for submissions in response to the Statement of Issues, the ACCC's proposed decision date will be deferred until 13 February 2008.
Submissions can be sent by email to the ACCC at mergers@accc.gov.au.
