Target(s)
- rice milling equipment from Allied Mills Australia Pty Ltd
Market definition
The matter was considered based on the following markets:- the market for the acquisition of rice paddy in eastern Australia and the manufacture of rice.
- the national market for the supply of rice.
Competition analysis
On 21 June 2010, the ACCC announced its decision not to oppose Ricegrowers Limited's (trading as SunRice) proposed acquisition of certain rice milling equipment from Allied Mills Australia Pty Ltd.The ACCC considered the information provided by the parties and other information available to it. Based on that information, the ACCC considered that the acquisition of rice milling equipment from Allied Mills was unlikely to remove a significant source of competitive constraint in the relevant markets.
Timeline
| Date | Event |
|---|---|
| 24/05/2010 | ACCC commenced review under the Merger Review Process Guidelines. |
| 08/06/2010 | Closing date for submissions from interested parties. |
| 21/06/2010 | ACCC announced it would not oppose the proposed acquisition. |