Cooper Companies Inc - proposed acquisition of Ocular Sciences Inc.

Summary

Hydron Pty Ltd proposed merger with Ocular Sciences Australia, arising from the global merger between The Cooper Companies Inc and Ocular Sciences Inc.

Market definition

Distribution of contact lenses in Australia.

Competition analysis

In December 2004, the ACCC decided not to oppose the merger due to competition from three other international suppliers, namely Johnson & Johnson, CIBA Vision and Bausch & Lomb. The majority of all product supplied to the Australian market is imported. The ACCC concluded that the merger would not substantially lessen competition.

Merger type

Horizontal

Initiation

Parties