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ACCC does not oppose Propel Funeral's acquisition

The ACCC will not oppose Propel Funerals’ proposed acquisition of Gregson & Weight.

The ACCC determined that the acquisition would be unlikely to substantially reduce competition in the supply of funeral director services in the Sunshine Coast region.

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ACCC does not oppose Saputo cheese deal with Lion

The ACCC 'will not oppose the proposed acquisition of Lion Dairy & Drinks' Tasmanian-based cheese business by Saputo Dairy Australia', finding that on balance it will not be likely to have the effect of substantially lessening competition.

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ACCC raises preliminary concerns over sale of RMS Tasmanian forestry assets

'The ACCC has raised preliminary competition concerns about the proposed sale of the Tasmanian forestry assets of Resource Management Service LLC'. It is reviewing two prospective buyers of the RMS assets. Its concern is that the acquisitions could 'impact the viability of competing export channels for hardwood plantation chips in northern Tasmania, which could lower prices paid to private growers of plantation logs'.

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ACCC does not oppose Elders and AIRR rural services deal

The ACCC will not oppose the proposed acquisition of Australian Independent Rural Retailers by Elders. The ACCC considered the potential for vertical integration concerns, but noted that market feedback 'suggested that most independent retailers consider they have sufficient alternative supply options if Elders attempted to discriminate against them'.

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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'.

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