The Australian Competition and Consumer Commission today issued a Statement of Issues on the proposed acquisition of BabyLove Products Pty Ltd by Britax Childcare Pty Ltd which invites further information and comment on the manufacture and supply of child car restraints in Australia.
Britax and BabyLove both manufacture and supply child car restraints, and import and distribute infant wheeled goods (strollers and prams) onto the Australian market.
"The ACCC is seeking further information on its competition concerns regarding the manufacture and supply of child car restraints before making a final decision", ACCC Chairman, Mr Graeme Samuel, said today.
"In particular, the Statement of Issues seeks comments on the extent to which there would be competitive constraints on the merged entity, should the acquisition proceed".
The ACCC invites further submissions from Britax, its competitors, retailers and customers as well as other interested parties that focus on the topics outlined in the Statement of Issues by Thursday 10 August 2006. The ACCC expects that, once it has considered any further submissions, it will make a final decision on the proposed acquisition on 31 August 2006.
The Statement of Issues, which follows, will also be available on the ACCC's website, under Mergers.