The Australian Competition and Consumer Commission today issued a Statement of Issues on the proposed acquisition of Queensland Gas Company Limited by Santos Limited.
The Statement of Issues seeks further information on market definition and a number of competition concerns which the ACCC has identified.
The ACCC invites further submissions from the market focused on these matters by Thursday, 9 November 2006. The ACCC anticipates making a final decision on the proposed acquisition by 7 December 2006.