The ACCC has outlined preliminary competition concerns with
The ACCC is seeking public comment on whether these concerns would be addressed by
"By reducing the number of competitors in the supply of coal haulage in
The ACCC is also considering whether the proposed acquisition would substantially lessen competition in one or more regional markets for the supply of rail haulage services for bulk commodities, other than coal. While the parties do not currently compete in the supply of these services,
"We're also considering the impact of this proposed acquisition on potential future competition in the supply of non-coal bulk rail haulage," Ms Cass-Gottlieb said.
The ACCC has released a draft of
The ACCC has not formed a view about whether the proposed undertaking can resolve the ACCC's preliminary competition concerns. Feedback from public consultation will assist the ACCC to reach a final decision.
"A critical issue for the ACCC is determining whether
To address the likely competition issues, the ACCC will need to be satisfied that any new purchaser or the demerged business would be an effective, stand-alone, long-term competitor in the supply of coal haulage and non-coal bulk commodity rail haulage.
Divestment remedies via demerger are not common and can present certain risks and complexities which need to be assessed.
An important issue is whether the financial arrangements that
The ACCC invites submissions from interested parties in response to the statement of issues and undertaking consultation by
The ACCC's final decision is scheduled for
More information, including the statement of issues, is available on the public register:
Background
One Rail is a provider of rail haulage and rail network services. It provides rail haulage services on the
Coal haulage typically refers to the movement of coal, by train, from mine site to port for export.
Bulk haulage refers to the movement by train of commodities or products such as iron ore, cement, bauxite, alumina, base metals, refined metals, grain, livestock, fertiliser or dangerous goods.
https://www.accc.gov.au
.
(C) 2022 M2 COMMUNICATIONS, source