Target(s)
- Vic's Liquor Bossley Park
Summary
Woolworths Limited proposed acquisition of Vic's Liquor, Bossley Park, NSW.Market definition
The ACCC considered the relevant markets to be:- the local market for the supply of liquor for off-premises consumption;
- procurement markets; and
- the national wholesale market.
Competition analysis
The transaction results in a very small increase of market share to Woolworths in the procurement and wholesale markets. Following the acquisition there will continue to be a number of independent liquor stores operating in the relevant local area. For these reasons the acquisition is unlikely to result in a substantial lessening of competition in any market.Timeline
| Date | Event |
|---|---|
| 02/11/2006 | ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced |
| 10/11/2006 | Closing date for submissions from interested parties |
| 13/11/2006 | ACCC announced it would not oppose the proposed acquisition |