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Woolworths/Action proposed acquisition raises competition concerns.

Publication: M2 Presswire
Publication Date: 31-AUG-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 August 2005-ACCC: Woolworths/Action proposed acquisition raises competition concerns(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:31082005

The Australian Competition and Consumer Commission today published a Statement of Issues identifying its preliminary competition concerns in respect of eight Action supermarkets which are the subject of a proposed acquisition by Woolworths.

After conducting an extensive investigation, the ACCC has formed the preliminary...

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