The Australian Competition and Consumer Commission* will not oppose the merger of two South Australian radiology services, Jones and Partners and Miler Moore and Partners.
ACCC Chairman, Professor Allan Fels, said today the merger had been carefully considered and it was felt that rather than lessening competition, it may well enhance it.
"Although the market is quite concentrated, and the proposed merger would reduce the number of practices from four to three, it is probable that a stronger, more competitive practice will emerge from the merger.
"Currently there is strong competition in the market based on:
- strategic geographic location;
- leading edge technology;
- a comprehensive range of services; and
- staff with high levels of expertise, qualifications and training.
"Jones and Partners is the third largest practice in South Australia while Miller Moore is the smallest private radiology group. A major benefit of the proposed merger from the point of view of Miller Moore is that it will gain access to specialist procedures which it presently does not perform. Miller Moore partners will have a greater access to knowledge, which will improve their professional experience.
"The ACCC found the merger would not substantially lessen competition and therefore it would not oppose it."