Acquirer(s)
- Woolworths Limited
Target(s)
- Supermarket site at Hunter's Hill in NSW
Summary
Woolworths Limited proposed to acquire a lease for a new supermarket at Hunter's Hill in New South Wales.Market definition
The ACCC did not consider it necessary to reach a definitive view on market definition, since the results of the competition analysis would remain unchanged regardless of the precise market definition adopted.Competition analysis
The ACCC considered that the proposed acquisition was unlikely to substantially lessen competition in any relevant market. In forming this view, the ACCC noted that by establishing a new supermarket in Hunter's Hill, Woolworths would be adding to the number of supermarkets competing in the local area, and would face competition from a number of existing competitors in that area.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
ACCC announced it would not oppose the proposed acquisition. |