Acquirer(s)
- The Thomson Corporation
Target(s)
- Reuters Group plc
Summary
The Thomson Corporation proposed to acquire Reuters Group plcMarket definition
The proposed acquisition was considered in the context of the supply of financial information products in Australia.Competition analysis
On 11 October 2007 the ACCC formed the view, after conducting market inquiries, that the proposed acquisition was unlikely to substantially lessen competition in the relevant market due to the strong constraining presence of Bloomberg and constraints imposed by smaller firms.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC announced it would not oppose the proposed acquisition. |