Market definition
The relevant markets at their narrowest are:(i): the southern NSW and Victorian markets for the acquisition of saw logs; and
(ii) the national market for the manufacture and distribution of sawn softwood timber.
Competition analysis
The ACCC concluded that the proposed acquisition was unlikely to result in a substantial lessening of competition in either relevant market. As regards the market for the acquisition of sawlogs, the ACCC particularly noted that sawlog suppliers are likely to be able to exert significant countervailing power. As regards the market for the manufacture and distribution of sawn softwood timber, the ACCC particularly noted that several competitors would remain in the market post-acquisition, and that imports would remain a significant competitive constraint.Merger type
Horizontal
Initiation
Parties