Acquirer(s)
- Woolworths Limited
Target(s)
- Supermarket site at Giralang in the ACT
Summary
Woolworths Limited proposed to acquire a lease for a new supermarket at Giralang in the Australian Capital Territory.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 Giralang, Woolworths would be adding to the number of supermarkets competing in the local area, and would be likely to continue to face competition in that area.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
ACCC announced it would not oppose the proposed acquisition. |