Target(s)
- Stella Travel Services Holdings Pty Ltd
Summary
Jetset Travelworld Limited proposed to acquire Stella Travel Services Holding Pty Ltd (Stella), which trades under a number of retail brands including Harvey World Travel, Travelscene American Express and Best Flights. Stella also owns a number of wholesale travel distribution brands including Travelscene Holidays.Market definition
Please see attached Public Competition Assessment.Competition analysis
Please see attached Public Competition Assessment.Statement of issues
Public competition assessment
Timeline
| Date | Event |
|---|---|
| 14/05/2010 | ACCC commenced review under the Merger Review Process Guidelines. |
| 25/05/2010 | ACCC requested further information from the merger parties. ACCC timeline suspended. |
| 04/06/2010 | Closing date for submissions from interested parties. |
| 09/06/2010 | ACCC received a partial response to its information request of 25 May 2010 from the merger parties. ACCC requested further additional information from the merger parties. Former proposed date for announcement of ACCC's findings of 24 June 2010 amended to allow the merger parties to provide the information requested. |
| 16/07/2010 | ACCC received all outstanding information requested from the merger parties. ACCC timeline recommenced. |
| 21/07/2010 | ACCC published a Statement of Issues outlining preliminary competition concerns. |
| 12/08/2010 | Closing date for submissions relating to Statement of Issues. |
| 01/09/2010 | ACCC announced it would not oppose the proposed acquisition. |