- IOOF SA Credit Union
SummaryOn 29 April 2003, the Commission was informed by the Australian Prudential Regulation Authority of the voluntary transfer of all assets and liabilities of the IOOF SA Credit Union to the CPS Credit Union.
Market definitionMarkets for various financial services products in South Australia.
Competition analysisBoth of these Friendly Societies are based in South Australia.
On 27 May 2003, the Commission decided not to oppose this merger on the basis that it did not cross any of the Commission's market concentration thresholds for the exercise of market power, and therefore was unlikely to result in a substantial lessening of competition.
Imports above 10%