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ACCC accepts pathology business divestitures in Healthscope Limited/Symbion Health Limited merger.

Publication: M2 Presswire
Publication Date: 15-AUG-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-15 August 2007-ACCC: ACCC accepts pathology business divestitures in Healthscope Limited/Symbion Health Limited merger(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:15082007

The Australian Competition and Consumer Commission will not oppose Healthscope Limited's proposed merger with Symbion Health Limited after accepting an undertaking from Healthscope to divest a number of pathology businesses in the north-eastern and Gippsland regions of Victoria.

"The proposed acquisition, after taking account of the undertaking, is unlikely to substantially lessen competition under section 50 of the Trade Practices Act," ACCC Chairman, Mr Graeme Samuel, said.

"Competition concerns arose in regions within Victoria where the merged entity would be the sole or dominant provider of community pathology services; namely north-eastern Victoria and Gippsland," he...

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