Summary
BG Group Plc (BG Group) through its subsidiaries proposes to acquire approximately 10% of the shares in the capital of Queensland Gas Company (QGC) and certain assets (being interests in gas exploration and production joint ventures). BG Group and QGC also propose to form a joint venture for the marketing and sale of gas produced by each of the companies.Market definition
The ACCC did not consider it necessary to form a view in relation to market definition.Competition analysis
The ACCC considered that the transaction was unlikely to result in a substantial lessening of competition, as BG Group does not currently have operations in Australia.
