Target(s)
- Unwired Group Limited
Summary
Seven Network Limited, through its wholly owned subsidiary Network Investment Holdings Pty Limited, proposed to acquire Unwired Group Limited.Market definition
The proposed acquisition was considered in the context of the retail supply of broadband.Competition analysis
On 25 October 2007 the ACCC formed the view that the proposed acquisition was unlikely to substantially lessen competition in the relevant market. Factors informing this conclusion included:- the absence of any overlap by Seven and Unwired in the retail supply of broadband; and
- that the proposed acquisition may have enabled Seven to offer competitive bundled broadband services to consumers in metropolitan areas.
Timeline
| Date | Event |
|---|---|
| 11/10/2007 | ACCC commenced review under the Merger Review Process Guidelines. |
| 18/10/2007 | Closing date for submissions from interested parties. |
| 25/10/2007 | ACCC announced it would not oppose the proposed acquisition. |