- Gloucester Coal Ltd
SummaryXstrata coal proposes to acquire Gloucester Coal Limited.
Market definitionThe proposed acquisition was considered in the context of the markets for thermal and metallurgical coal production.
Competition analysisThe ACCC considered that the proposed acquisition was unlikely to result in a substantial lessening of competition in the relevant markets.
Factors informing this conclusion included:
- Gloucester's coal production represents a small proportion of overall Australian production. The acquisition would result in a marginal increase in Xstrata's market shares.
- Both parties export a vast majority of their coal.
- There are alternative suppliers, including Rio Tinto and BHP Billiton.
|18/04/2007||ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced|
|26/04/2007||ACCC announced it would not oppose the proposed acquisition|