ACCC consultation in relation The ACCC will usually conduct a period Varies depending on the to Statement of Issues of consultation which is targeted at the complexity of the issues issues raised in the Statement of Issues. involved, with the closing date for submissions usually around 2-3 weeks after release. ACCC assessment of The ACCC will ordinarily need to Between 4-10 weeks from information provided in undertake a period of assessment of the closing date for submissions response to Statement of information it has gathered in response in response to Statement of Issues and consultation with to the Statement of Issues. This will Issues but potentially longer merger parties on any issues generally also involve outlining in writing if merger parties request the or concerns arising to the merger parties the issues arising opportunity to respond to from the consultation process. the issues raised in the consultation process. ACCC final decision The ACCC will announce its decision to oppose, not oppose or to not oppose subject to the acceptance of undertakings. Approximate length of review following a Statement of Issues 6-12 Stages that can occur at any time throughout a review ACCC request for information The ACCC will make requests of the Varies depending on time from merger parties and other merger parties for information where it taken by merger parties to parties considers it will be relevant to its respond to requests and decision. These requests will be made whether information is from time to time and can occur before, sought pursuant to the during or after the initial market ACCC’s statutory inquiries process, including after the information gathering release of a Statement of Issues. powers (s. 155). For informal requests for information, merger parties are usually requested to respond within 1-2 weeks. Where merger parties provide large amounts of information in response to information requests, the ACCC may require a period of time to properly consider that information.
ACCC consultation in relation to Statement of Issues The ACCC will usually conduct a period of consultation which is targeted at the issues raised in the Statement of Issues. Varies depending on the complexity of the issues involved, with the closing date for submissions usually around 2-3 weeks after release. ACCC assessment of information provided in response to Statement of Issues and consultation with merger parties on any issues or concerns arising The ACCC will ordinarily need to undertake a period of assessment of the information it has gathered in response to the Statement of Issues. This will generally also involve outlining in writing to the merger parties the issues arising from the consultation process. Between 4-10 weeks from closing date for submissions in response to Statement of Issues but potentially longer if merger parties request the opportunity to respond to the issues raised in the consultation process. ACCC final decision The ACCC will announce its decision to oppose, not oppose or to not oppose subject to the acceptance of undertakings. Approximate length of review following a Statement of Issues 6-12 Stages that can occur at any time throughout a review ACCC request for information from merger parties and other parties The ACCC will make requests of the merger parties for information where it considers it will be relevant to its decision. These requests will be made from time to time and can occur before, during or after the initial market inquiries process, including after the release of a Statement of Issues. Varies depending on time taken by merger parties to respond to requests and whether information is sought pursuant to the ACCC’s statutory information gathering powers (s. 155). For informal requests for information, merger parties are usually requested to respond within 1-2 weeks. Where merger parties provide large amounts of information in response to information requests, the ACCC may require a period of time to properly consider that information.
merger%20review%20process%20guidelin%20MER201305320.docx