Woolworths Limited - proposed acquisition of a supermarket site at Giralang in the ACT

Acquirer(s)

  • Woolworths Limited

Target(s)

  • Supermarket site at Giralang in the ACT

Summary

Woolworths Limited proposed to acquire a lease for a new supermarket at Giralang in the Australian Capital Territory.

Market definition

The ACCC did not consider it necessary to reach a definitive view on market definition, since the results of the competition analysis would remain unchanged regardless of the precise market definition adopted.

Competition analysis

The ACCC considered that the proposed acquisition was unlikely to substantially lessen competition in any relevant market. In forming this view, the ACCC noted that by establishing a new supermarket in Giralang, Woolworths would be adding to the number of supermarkets competing in the local area, and would be likely to continue to face competition in that area.

Timeline

DateEvent
24/06/2009ACCC commenced review under the Merger Review Process Guidelines.
17/07/2009ACCC announced it would not oppose the proposed acquisition.