Acquirer(s)
- AVIS Rent A Car System
Target(s)
- Budget Car Rental
Summary
Acquisition of Budget Car Rental by Cendant Corporation, parent company of Avis Rent A CarMarket definition
Car rental servicesCompetition analysis
The Commission concluded that, having regard to market conditions, the continuing presence of strong competitors and the opportunity for new entry, it did not consider the transaction would result in a substantial lessening of competition for car rental services.Merger type
Horizontal
Guidelines thresholds
Unknown
Imports above 10%
N/A
Initiation
Other
ANZSIC code
7741