ST Group - possible acquisition of either the Toll or Patrick Vehicle Transport Business.

Summary

ST Group approached the ACCC expressing an interest to acquire either the Toll or Patrick Vehicle Transport Business which Toll must divest pursuant to its undertakings to the ACCC dated 11 March 2006.

Market definition

The relevant markets could be considered to be:
a. the market for the distribution of new domestically manufactured vehicles from place of manufacture to dealership; and
b. the market for the distribution of new imported vheicles from the place of import to dealership.

Competition analysis

ST Group does not operate in the above markets. The ACCC concluded that an acquisition by ST Group of either the Toll or Patrick Vehicle Transport Business would not substantially lessen competition as there would not be a change in market concentration.

Initiation

Parties