On 9 February the ACCC instituted proceedings against Toll Holdings Limited in the Federal Court over its proposed acquisition of Patrick Corporation Limited. The ACCC subsequently accepted revised court-enforceable undertakings from Toll Holdings Limited on 11 March 2006 in relation to the proposed acquisition. A copy of the final undertakings is attached below. As a consequence, the ACCC proposes to withdraw its opposition to the acquisition. Toll has agreed to pay the ACCC's legal costs. For further details, refer to Public Competition Assessment below.
For details regarding market definition refer to Public Competition Assessment below.
For details regarding competition analysis refer to Public Competition Assessment below.
Public competition assessment