Acquirer(s)

  • Bayer Ag Germany

Target(s)

  • Roche Pharmaceutical

Summary

The acquisition will lead to only a small increase in Bayer's market share in the over-the-counter pharmaceutical market in Australia. In addition, the merged entity is likely to face competition from a number of domestic and multinational pharmaceutical companies that are currently active in the Australian market.

Market definition

The relevant market was considered to be the national market for the development, manufacturing, and supply of over-the-counter pharmaceutical products.

Competition analysis

The acquisition will lead to only a small increase in Bayer's market share in the over-the-counter pharmaceutical market in Australia. In addition, the merged entity is likely to face competition from a number of domestic and multinational pharmaceutical companies that are currently active in the Australian market.

Merger type

Asset Sale

Guidelines thresholds

Below

Imports above 10%

Yes

Initiation

Parties

ANZSIC code

5251