Sydney Transport Partners Consortium (including Transurban) proposes to acquire a majority interest in WestConnex.
The ACCC accepted a s87B undertaking from Transurban in this matter. Transurban publishes traffic data pursuant to the undertaking at https://nswtollroaddata.com.
Market definitionPlease refer to the Public Competition Assessment.
Competition analysisPlease refer to the Public Competition Assessment.
Public competition assessment
|26/02/2018||ACCC commenced review under the Merger Process Guidelines.|
|19/03/2018||Closing date for submissions from interested parties.|
|06/04/2018||Former proposed decision date of 26 April delayed to allow provision of requested information from the Sydney Transport Partners Consortium.|
|20/04/2018||ACCC received further information from the Sydney Transport Partners Consortium.|
|17/05/2018||ACCC published a Statement of Issues outlining preliminary competition concerns.|
|31/05/2018||Closing date for submissions relating to Statement of Issues.|
|19/07/2018||Former decision date of 19 July delayed to allow more time to consider the competition issues and obtain further information from the parties and market participants.|
|09/08/2018||Draft 87B undertaking proffered by Transurban. ACCC commenced market inquiries.|
|21/08/2018||Former proposed decision date of 6 September 2018 brought forward to 30 August 2018 to take into account the NSW Government's timetable for the sale of WestConnex.|
|30/08/2018||ACCC announced it would not oppose the proposed acquisition, subject to section 87B undertakings accepted by the ACCC.|
|During the course of the review the ACCC also made a number of document and information requests to the parties that are not all separately identified in the entries above. Collectively, the parties took 29 business days to respond to these other requests.|