Acquirer(s)
- Woolworths Group Limited
Target(s)
- SUPA IGA Karabar
Summary
Woolworths Group Limited (Woolworths) is proposing to acquire the independent supermarket operating as SUPA IGA Karabar.
Woolworths and SUPA IGA Karabar both supply groceries in the broader Queanbeyan region (encompassing Karabar and Jerrabomberra).
The ACCC previously opposed Woolworths’ proposed acquisition of the Karabar Supermarket in 2008 (then trading under the “Supabarn” banner). Further detail on the ACCC’s 2008 merger review, including the Public Competition Assessment, is available on the ACCC’s Public Mergers Register here.
Market Definition
A Public Competition Assessment will be published in due course.
Competition Analysis
A Public Competition Assessment will be published in due course.
Market inquiries
| Document title | Date | |
|---|---|---|
| Woolworths_Supa IGA Karabar - Market inquiries email |
Statement of issues
| Document title | Date | |
|---|---|---|
| Woolworths Karabar - Statement of Issues (SOI) - 8 December 2022 |
Timeline
| Date | Event |
|---|---|
ACCC commenced informal review under the Informal Merger Review Process Guidelines. |
|
Closing date for submissions. |
|
Timeline suspended pending receipt of further information. Former proposed decision date for announcement of ACCC's findings (10 November 2022) is delayed. |
|
ACCC timeline recommenced. |
|
ACCC published a Statement of Issues outlining preliminary competition concerns. |
|
Closing date for submissions. |
|
ACCC is awaiting information from Woolworths. Former provisional date for announcement of findings (23 March) is delayed. |
|
ACCC timeline recommenced. |
|
Former proposed date for announcement of ACCC’s findings (20 April) delayed at Woolworths' request. |
|
ACCC announced that it opposed the proposed acquisition. |
Project staff
- Sophie Mitchell
- Andy Gallagher