- Sabre Holdings Corporation
SummaryTPG Partners V & Silver Lake Partners II propose to jointly acquire Sabre Holdings Corporation.
Market definitionThe ACCC considered the Proposed Acquisition in the context of:
- the national market for the supply of GDS and related services;
- the national market for the supply of CRS and related services; and
- the national market for the supply of online travel services.
Competition analysisThe Proposed Acquisition represents a mere transfer of ownership and is therefore likely to have a minimal impact on the existing level of competition in the relevant markets. Further, issues of vertical integration do not appear to raise concerns because Tiger Airways is a minor participant in Australia's aviation industry.
Accordingly, on 11 January 2006, the ACCC formed the view that the proposed acquisition is unlikely to substantially lessen competition in the relevant markets.