Fitness First Australia Pty Limited's acquisition of Space Health Clubs Pty Limited

Summary

Fitness First Australia Pty Limited's acquisition of Space Health Clubs Pty Limited

Market definition

The ACCC assessed the acquisition on the basis of local markets for fitness centres in the areas of the Melbourne CBD and Richmond in Victoria, and Chatswood in New South Wales. Given that no competition concerns arose in these markets, it was not necessary to consider whether a wider geographic or product market existed.

Competition analysis

The ACCC considered that the acquisition was unlikely to substantially lessen competition in the relevant markets because a significant number of competing fitness centres exist in each market.

Merger type

Horizontal

Initiation

Complaint