Acquirer(s)
- Tropical Ice
Target(s)
- Nice Ice
Summary
Tropical Ice has acquired Nice Ice's business in Townsville.Market definition
The relevant market is the market for the manufacture and distribution of ice in Townsville.Competition analysis
Whilst the acquisition crosses the Commission's thresholds for the exercise of market power the Commission considers that it is unlikely to result in a substantial lessening of competition due to the low barriers to entry and the ability of end-users to manufacture their own ice.Merger type
Horizontal
Guidelines thresholds
Unknown
Imports above 10%
Unknown
Initiation
Complaint
ANZSIC code
2179