Acquirer(s)
- United Parcel Service. Inc.
Target(s)
- TNT Express N.V
Summary
The ACCC has decided not to oppose United Parcel Service Inc's proposed acquisition of TNT Express N.V.Market definition
The ACCC did not consider that it was necessary to form a concluded view in relation to market definition.The ACCC considered the effects of the acquisition on the supply of international express and international standard small package delivery services.
While both UPS and TNT provide a broad range of services these were the only areas where there was significant overlap between UPS and TNT in Australia.
Competition analysis
The ACCC considered that the proposed acquisition was unlikely to substantially lessen competition in the supply of international express small package delivery services and international standard (non-express) small package delivery services.Information provided to the ACCC by interested parties indicated that there was vigorous competition between the major providers of international small parcel delivery services and that competitors to the merged firm would continue to provide a strong competitive constraint post acquisition.
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. |