RHL ruralco holdings limited

June 13 (Reuters) - Australian Competition and Consumer...

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    June 13 (Reuters) - Australian Competition and Consumer Commission:

    • RELEASED A STATEMENT OF ISSUES RAISING PRELIMINARY COMPETITION CONCERNS ABOUT NUTRIEN'S PROPOSED ACQUISITION OF RURALCO
    • IDENTIFIED LOCAL AREAS WHERE LANDMARK’S RURAL MERCHANDISE STORES COMPETE WITH RURALCO STORES AND THERE WOULD BE FEW REMAINING COMPETITORS
    • CONSIDERING WHETHER DELIVERY FROM OUTSIDE THESE REGIONS WOULD PROVIDE SUFFICIENT COMPETITION TO THE RURALCO-LANDMARK RETAIL STORES
    • PRELIMINARY VIEW IS THAT PROPOSED DEAL IS UNLIKELY TO LESSEN COMPETITION IN SUPPLY OF WOOL BROKING, LIVESTOCK AGENCY, & OTHER AREAS
    • CHECKING WHETHER MERGED LANDMARK-RURALCO WOULD BE MORE LIKELY TO DISCRIMINATE AGAINST RETAILERS WH0 ARE WHOLESALE CUSTOMERS COMPETING WITH STORES
    • CONSIDERING WHETHER PROPOSED DEAL WOULD REDUCE COMPETITION AT WHOLESALE LEVEL, WHETHER REMAINING WHOLESALERS WILL PROVIDE SUFFICIENT COMPETITION
 
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