Acquirer: eBet Ltd; Target: Turbo Bonus

Acquirer(s)

  • eBet Ltd

Target(s)

  • Turbo Bonus

Summary

Acquisition of Turbo Bonus by eBet Limited

Market definition

State based markets for in-venue gaming and promotional management systems

Competition analysis

On 4 November 2002 the Commission considered that the proposed acquisition is unlikely to substantially lessen competition in any relevant market for the following reasons:

the availability of alternative products;

the demonstrated ability of smaller competitors in the market to outbid or win customers from larger competitors;

the scope for international firms to penetrate the market; and

the degree of countervailing power possessed by purchasers of in-venue gaming and promotional management services.

Guidelines thresholds

Crossed

Imports above 10%

Unknown

Initiation

Parties

ANZSIC code

2849