Bridgestone Australia Ltd - proposed acquisition of JLK Holdings Pty Ltd

Acquirer(s)

  • Bridgestone Australia Ltd

Target(s)

  • JLK Holdings Pty Ltd

Market definition

The ACCC assessed the proposed acquisition in terms of the markets for the retail supply of tyres for passenger vehicles in Sydney and the national market for the wholesale supply of tyres for passenger vehicles.

Competition analysis

The ACCC formed the view that the proposed acquisition would be unlikely to substantially lessen competition in any relevant market. Factors informing this conclusion included the competitive constraint imposed by a number of alternative retailers in the Sydney market and that, in light of arrangements under the existing franchise agreement, it appears unlikely that the acquisition would increase Bridgestone's ability and incentive to foreclose competition in the national wholesale market.

Timeline

DateEvent
10/12/2008ACCC commenced review under the Merger Review Process Guidelines.
17/12/2008Closing date for submissions from interested parties.
23/12/2008ACCC announced it would not oppose the proposed acquisition.