Consortium including Macquarie Bank Limited - proposed acquisition of Qantas Airways Limited | ACCC

Status:

Completed

Outcome:

Not opposed on 1 March 2007

Reference number:

26520

Industry:

Aviation

Commenced:

14 December 2006

Total review days:

52 days

Acquirer(s)

Consortium including Macquarie Bank Limited

Target(s)

Qantas Airways Limited

Market definition

See detailed Public Competition Assessment below.

Competition analysis

See detailed Public Competition Assessment below.

Public competition assessment

Document title	Date
Public Competition Assessments ( PDF 137.8 KB )	1 Mar 2007

Timeline

Date	Event
14/12/2006	ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.
18/12/2006	ACCC requested transaction documents from the parties.
19/12/2006	ACCC indicative timeline revised from 28 Feb 2007 to 22 Feb 2007 to accommodate the commercial process of the parties.
22/12/2006	ACCC requested further information from the parties.
10/01/2007	ACCC received further information from parties.
29/01/2007	Closing date for submissions from interested parties.
02/02/2007	ACCC requested further information from the parties and related entities. ACCC indicative timeline suspended pending responses to information request. Proposed 22 February date for announcement of ACCC findings delayed to accommodate these responses.
09/02/2007	ACCC received further information from the parties. ACCC timeline recommenced.
01/03/2007	ACCC announced it would not oppose the proposed acquisition.