ACCC opposes Jewel Fine Foods/B&J City Kitchen deal

The ACCC has opposed the proposed acquisition of Jewel Fine Foods by B&J City Kitchen. ACCC Chair, Rod Sims, stated that the ACCC believed the proposed acquisition would be 'likely to substantially lessen competition for the supply of chilled ready meals' as it would 'combine the two major players in this market, concentrating most of the manufacturing capacity of chilled ready meals in one business'.

See ACCC, 'ACCC opposes chilled ready meals deal' (Media release, 5 September 2019)