Woolworths - SUPA IGA Karabar

Acquirer(s)

  • Woolworths Group Limited

Target(s)

  • SUPA IGA Karabar

Summary

Woolworths Group Limited (Woolworths) is proposing to acquire the independent supermarket operating as SUPA IGA Karabar.

Woolworths and SUPA IGA Karabar both supply groceries in the broader Queanbeyan region (encompassing Karabar and Jerrabomberra).

The ACCC previously opposed Woolworths’ proposed acquisition of the Karabar Supermarket in 2008 (then trading under the “Supabarn” banner). Further detail on the ACCC’s 2008 merger review, including the Public Competition Assessment, is available on the ACCC’s Public Mergers Register here.

Market inquiries

The ACCC has published a Statement of Issues outlining preliminary competition concerns in relation to the proposed acquisition.

The ACCC invites submissions on its Statement of Issues by close of business on 12 January 2023.

Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title “Submission re: Woolworths' proposed acquisition of SUPA IGA Karabar - attention Micaela Bassford". 

Following the closing date, queries regarding the ACCC’s review may be addressed to Micaela Bassford at mergers@accc.gov.au

For more details, please refer to the attached Statement of Issues.

Market inquiries

Statement of issues

Timeline

DateEvent
17/08/2022ACCC commenced informal review under the Informal Merger Review Process Guidelines.
07/09/2022Closing date for submissions.
08/11/2022Timeline suspended pending receipt of further information. Former proposed decision date for announcement of ACCC's findings (10 November 2022) is delayed.
05/12/2022ACCC timeline recommenced.
08/12/2022ACCC published a Statement of Issues outlining preliminary competition concerns.
12/01/2023Closing date for submissions.
23/03/2023Proposed date for announcement of ACCC’s findings.

Project staff

  • Micaela Bassford
  • Andy Gallagher

Contact email