Acquirer(s)
- Pacific National Pty Ltd
Target(s)
- Freight Victoria Limited (trading as Freight Australia)
Summary
Pacific National Pty Ltd approached the Commission seeking informal clearance for the acquisition of Freight Australia. The Commission accepted undertakings from Pacific National in relation to the track at the entrance to Somerton rail terminal in Melbourne and in relation to the contracts between Freight Australia and Specialized Container Transport (SCT).Market definition
The Commission considered that there were most likely 3 key relevant markets:1) inter-modal rail line haul between the eastern States and Perth;
2) freight tasks in the eastern States where road is price competitive; and
3) a national market for rail haul tasks for which road is not price competitive.
Competition analysis
A detailed Public Competition Assessment has been published on the ACCC's website.Resolution
Undertakings
Merger type
Horizontal
Guidelines thresholds
Unknown
Imports above 10%
No
Initiation
Parties
ANZSIC code
6200