Acquirer: Caltex Australia Petroleum Pty Ltd, Woolworths Ltd; Target: No data available

Acquirer(s)

  • Caltex Australia Petroleum Pty Ltd, Woolworths Ltd

Target(s)

  • No data available

Summary

On 21 August 2003 Woolworths and Caltex announced a joint venture for the retailing of petrol. The parties subsequently entered into a short term arrangement. In March 2004, Woolworths and Caltex advised the Commission they had negotiated a long term arrangement for the retailing of petrol.

Market definition

Markets for petrol retailing, petrol wholesaling, grocery retailing and grocery wholesaling

Competition analysis

While the Long Term Arrangement may breach the Commission's market concentration thresholds, there is insufficient evidence to support that this would result in an SLC in the petrol retailing market.

There is also insufficient evidence to suggest that the Long Term Arrangement is likely to result in an SLC in the petrol wholesaling market.

The Long Term Arrangement does not currently account for non-fuel goods.

Merger type

Vertical

Guidelines thresholds

Unknown

Imports above 10%

Unknown

Initiation

Press

ANZSIC code

5321