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News: PGH ACCC says will not oppose Pact's proposed acquisition of Power Plastics

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    18/02/16
    09:36
    Post #: 17049665

    Feb 18 (Reuters) - Australian Competition and Consumer Commission :

    • Axx: ACCC will not oppose Pact, Power Plastics (PGH)
    • did not consider that we had sufficient information to be satisfied that this lessening of competition would be substantial
    • "following the proposed acquisition, Pact would continue to face some competitive constraint from other manufacturers in NSW"
    • "consider that some could possibly expand to meet customer requirements"
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