Acquirer(s)

  • Various parties

Target(s)

  • Victorian Wagering and Betting Licence

Summary

The ACCC has withdrawn its consideration of the sale of the Victorian Wagering and Betting Licence following advice from the Solicitor General that, as the initial grant of a statutory licence, the acquisition of this licence is not an acquisition within the scope of Section 50 of the Trade Practices Act 1974.

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines.

Closing date for submissions from interested parties.

Former proposed date for announcement of ACCC's findings, amended to allow for further inquiries.

ACCC withdrew its consideration of the sale of the Victorian Wagering and Betting Licence.