Sentences with phrase «competition in this market»

The merged company must also disclose the terms of all content licensing and TV programming deals to Cade, which will assess if they undermine competition in the market.
Schmitt produced a white paper that raised concerns about high - frequency trading, the lack of competition in the market and the «disappearance» of market makers, the banks and broker - dealers who traditionally stand by as passive buyers and sellers of stock to ensure other investors have a counterparty.
While overall low inventory has led to competition in some markets — about a quarter of 2017 home sales yielded sales prices higher than the asking price, according to Zillow — it's a different story for some sellers.
Fierce competition in the market for making Bitcoin payments more convenient and accessible is a good thing, as it elevates the popular digital
However, when Pepsi purchased Gatorade in 2001, they made a deal with the FTC that they'd sell off All Sport in an effort to increase competition in the market.
Competition in this market continues to intensify.
A three - judge panel rejected the appeal by Anthem, and the Department of Justice blocked their merger in the U.S. District Court noting the projected effect of the merger on competition in the market.
But Tabcorp has argued there is competition in the market for vision rights, with rival Racing.com, the joint venture between Seven West Media and Racing Victoria, understood to be set to gain the broadcast rights to South Australian thoroughbred racing.
Household incomes aren't growing and there's sure no shortage of competition in the market place,» Nib chief executive Mark Fitzgibbon said.
Furthermore, «competition in the market is already fierce.
The pop in Radius shares price is likely two-fold; one, it is a takeover target and two, less competition in the market.
Competition in the market requires changes, often drastic ones.
On the whole it has turned out that this is less efficient than allowing business decisions to be shaped by competition in the market.
Also, the government was expected to provide a safety net for those who were unsuccessful in competition in the market economy, which is touted by economism as the salvific force.
«There's been a lot of competition in the market but we've sustained because of the quality of our product,» says Dustin Lyman, CEO of Famous Brands International, the company behind Mrs. Fields and TCBY.
The ACCC concluded that this proposed acquisition is likely to have the effect of substantially lessening competition in the market for the supply of MRI services in Newcastle and Maitland, and the market for the supply of general diagnostic imaging services in Maitland.
Samuel and King claimed every other section of the act prohibits a specific form of conduct if it is likely to substantially lessen competition, but that overlooks section 45, which prohibits any contract, arrangement or understanding, and section 50, which prohibits any acquisition of shares or assets, where the agreement or acquisition substantially lessens competition in a market.
This would simplify the act and focus the analysis of the purpose or effect of the conduct on the process of competition in the market.
The result is that the ACCC may take into consideration factors that benefit the public that are beyond the scope of the economic and competition factors originally taken into consideration in determining whether the transaction is likely to substantially lessen competition in a market.
Typically, parties seek an informal clearance from the ACCC on the basis that the proposed transaction will not substantially lessen competition in any market in Australia.
ACCC Chairman Rod Sims said that combining two large Australian baby food brands would be likely to limit competition in the market.
The Commerce Commission's role is to determine whether the merger has the effect of substantially lessening competition in any market.
(b) acquire any assets of a person; if the acquisition would have the effect, or be likely to have the effect, of substantially lessening competition in a market.
[para 314]... of the view that no public detriment is likely to arise from any substantial lessening of competition in the market for wagering licences or the provision of pooling services to pari - mutuel wagering operators
'' (3) Without limiting the matters that may be taken into account for the purposes of subsections (1) and (2) in determining whether the acquisition would have the effect, or be likely to have the effect, of substantially lessening competition in a market, the following matters must be taken into account:
Section 50 of the Competition and Consumer Act 2010 prohibits the direct or indirect acquisition of shares or assets where the acquisition would have, or be likely to have, the effect of substantially lessening competition in any market.
The Committee considers that provisions should be introduced into the Act to ensure that the ACCC has powers to prevent creeping acquisitions which substantially lessen competition in a market.
The ACCC has «announced it will oppose the proposed acquisition by Sonic Healthcare Limited (Sonic) of Healthscope Limited's (Healthscope) pathology business in Queensland» concluding that the acquisition would be «likely to have the effect of substantially lessening competition in the market for the supply of community pathology services in Queensland.»
A business with a substantial degree of power in a market is not allowed to engage in conduct that has the purpose, effect or likely effect of substantially lessening competition in a market.
In relation to national markets for «provision of taxi - specific non-cash payment instruments, non-cash payment processing services for taxis and the supply of taxi equipment to the taxi industry, the ACCC considered that the proposed acquisition was unlikely to substantially raise barriers to entry and therefore was unlikely to substantially lessen competition in these markets.
The ACCC's informal merger register notes that the «ACCC considered that as Cabcharge, including its subsidiary taxi networks, did not operate any taxi network services in metropolitan Adelaide, the proposed acquisition would result in a direct transfer of market share of affiliated taxis within the Adelaide metropolitan area» and that therefore «the proposed acquisition would be unlikely to result in a substantial lessening of competition in the markets for the supply of taxi services, taxi network services and booking and dispatch services to taxis in the Adelaide metropolitan area.»
The ACCC has announced its intention to oppose the proposed acquisition of ITC Timber Pty Ltd by Gunnds Ltd after concluding the proposed acquisition would be likely to «substantially lessen competition in the market for the acquisition of hardwood pulppwood in north - eastern Tasmania».
There is also fierce competition in a market dominated by big supermarket chains such as Woolworths and Coles which makes it «difficult to get price realisation».
The ACCC has instituted proceedings against Informed Sources and several petrol retailers (BP, Caltex, Eureka (t / a Coles Express), Woolworths and 7 - Eleven) alleging they contravened s 45 of the Act by entering into arrangements involving communication about prices which had the «effect or likely effect of substantially lessening competition in markets for the sale of petrol in Melbourne».
The ACCC concluded that the contracts were unlikely to result in a substantial lessening of competition in the markets investigated.
ACCC Chairman, Rod Sims, said that the «ACCC was concerned that the joint marketing arrangements were likely to have resulted in a substantial lessening of competition in the market for the supply of gas to buyers in the southern states» and that the ACCC believed «that competition in this market was negatively affected by the elimination of independent rivalry between BHP and Esso.»
Fonterra's Australian business has struggled with the intense competition in the market and the power of the Coles - Woolworths duopoly.
Section 50 prohibits mergers or acquisitions that would, or would be likely to substantially lessen competition in any market.
This Act changed the reference in s 50 (1) from «a market» to «any market» (purporting to remove any doubt that a merger will be prohibited if it substantially lessens competition in a market other than the market in which the merging parties compete; this had never been a problem in the past) and removing the word «substantial» from the definition of market in subsection 50 (6)(this was theoretically directed at creeping acquisitions, but has little to do with concept of creeping acquisition discussed in this report)
Option 3: Amending section 50 to add an additional prohibition, so that section 50 also prohibits a corporation from making an acquisition if it already has a substantial degree of power in a market, and the acquisition would result in any lessening of competition in that market.
IGA supported this option, but with a number of modifications such as limiting its application to concentrated industries and broadening the test to capture a lessening of competition in any market.
if the acquisition would have the effect, or be likely to have the effect, of substantially lessening competition in a market.
Option 3 4.87 Option 3 (canvassed in the Government's first discussion paper) would supplement the existing substantial lessening of competition test in section 50 with a provision that would prohibit a firm with substantial market power from making an acquisition that would result in any lessening of competition in that market.
It also requires that a corporation that already has a substantial share of a market must not directly or indirectly merge with or acquire assets which would have the effect or likely effect of lessening competition in a market.
The ACCC expressed the view that a merger between NAB and AXA «would result in a substantial lessening of competition in the market for retail investment platforms for investors with complex investment needs».
It recommended that provisions be introduced into the CC Act to ensure the ACCC has the powers to prevent creeping acquisitions that substantially lessen competition in a market.
First, the ACCC examined whether the proposed transaction would substantially lessen competition in any market by removing the existing competition between ADM and GrainCorp.
De Saint - Affrique is sure that Barry Callebaut is able to satisfy both poles of the market — due to its production know - how and its size, which result in economies of scale, Barry Callebaut is able to keep up competition in the market for lower - priced products, while at the same time its master chocolatiers guarantee innovation and make sure that the company can meet the highest customer requirements.
But our Wenger doesn't really go for them when they are good enough to command tough competition in the market.
On the contrary, it's particularly difficult to identify areas to strengthen whilst European elites ensure intense competition in the market - place, and a first team that consists of champions.
a b c d e f g h i j k l m n o p q r s t u v w x y z