Sentences with phrase «substantially lessen»

The Completion and Markets Authority (CMA) said it would consider whether the acquisition by Reed Elsevier, the trading name of RELX Plc, of privately owned legal publisher Jordan's assets would substantially lessen competition within the United Kingdom.

On that basis, the report concludes that while continued oil sands production will make it very hard for Canada to meet its national emission reduction targets — which again it's worth pointing out, are in line with those of the US and far far below what science says is needed to minimize the impacts of climate change — on a global basis «elimination of oil sands GHG emissions will not eliminate or substantially lessen the immense challenge facing the world to reduce GHG emissions.»

First, the ACCC examined whether the proposed transaction would substantially lessen competition in any market by removing the existing competition between ADM and GrainCorp.

One way in which the major supermarkets increase their market share is through «creeping acquisitions»; a series of takeovers, each of which is individually too small to «substantially lessen competition» but which cumulatively may do so.

Associate Professor Frank Zumbo recommends amending the TPA so that instead of preventing takeovers which substantially lessen competition, the bar be lowered to preventing mergers which materially lessen competition.

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.

«Our view is that Saputo owning the Koroit plant would substantially lessen competition for the acquisition of dairy farmers» raw milk in the region,» Mr Sims said.

ACCC Chairman, Rod Sims, said that the ACCC's view was that «Saputo owning the Koroit plant would substantially lessen competition for the acquisition of dairy farmers» raw milk in the region».

The ACCC has indicated it will not oppose Staples» proposed acquisition of Office Depot, which it considers is «unlikely to substantially lessen competition in any office products market».

The ACCC may also grant authorisation if satisfied the merger would not substantially lessen competition or the merger would result in a net public benefit.

The ACCC has initiated proceedings against Metcash, seeking an injunction from the Federal Court against the proposed Franklins acquisition, allegint that the acquisition would substantially lessen competition in the NSW wholesale grocery sector.

Although Donhad and Moly - Cop are the only two domestic manufacturers of forged steel grinding media, the ACCC found that, on balance, the proposed acquisition would be unlikely to substantially lessen competition in the supply of grinding media in Australia, in part because imports now represent 40 % of total steel grinding media sold in Australia.

As a result of the Harper Reforms concerted practices are now also prohibited where they substantially lessen competition.

The ACCC claims the acquisition would be likely to substantially lessen competition «in the national market for securities registration and related services to listed companies and other entities with similar requirements, leading to higher prices and reduced quality of service that shareholders would ultimately bear».

«If MYOB has a monopoly on this software, it would substantially lessen competition.

Section 50 prohibits mergers or acquisitions that would, or would be likely to substantially lessen competition in any market.

The ACCC has «decided to oppose the proposed acquisition by Sea Swift Pty Ltd of the Northern Territory and far north Queensland marine freight business of Toll Marine Logistics Australia... because it would be likely to substantially lessen competition».

a) refuses to supply that input to its competitors in a downstream market and the purpose, effect or likely effect of the conduct is to substantially lessen competition in the downstream market, or

Schedule 5 to this bill simplifies the provisions of the act by removing separate, complex prohibitions on covenants that substantially lessen competition and expanding the general prohibition on contracts that substantially lessen competition to include covenants.

In that counterfactual world, it could not be said that the share acquisition by Metcash would, itself, be likely to substantially lessen competition in the defined market and thus engage the prohibition of s 50 (1) of the Act.

The Commission can grant a merger clearance if it is satisfied the merger will not (or is not likely to) substantially lessen competition.

For instance, if a firm is engaging in conduct to make its products more attractive to customers, the conduct is unlikely to substantially lessen competition.

empowering the Commission to grant authorisation on the basis that the conduct would not be likely to substantially lessen competition.

In general, the ACCC may grant authorisation if it is satisfied that the proposed conduct is either unlikely to substantially lessen competition or likely to result in a net public benefit.

Nevertheless, if one is to proceed on that basis in the present case, then one question involving one evaluative judgment emerges: would the acquisition be likely to substantially lessen competition in the relevant market?

We remain confident that, with appropriate divestments as offered by BP, this transaction would not substantially lessen competition.

All of exclusive dealing are captured only if it can be demonstrated that they substantially lessen competition (s 47 (10)-RRB-.

The ACCC considers that the acquisition would be likely to «substantially lessen competition in the retail supply of fuel», noting that «BP prices are significantly higher on average than Woolworths prices in the major capital cities».

The ACCC considered on whether the increased vertical integration would substantially lessen competition and, after speaking with market participants, concluded the merged entity would «likely continue to face competition at every level of the supply chain, including from other vertically integrated suppliers».

the ACCC should be empowered to approve a merger if it is satisfied that the merger does not substantially lessen competition or it is satisfied that the merger results in public benefits that outweigh the anti competitive detriments;

In many markets in Australia, achievement of efficient scale will not substantially lessen competition because of the constraining influence of imports.

The ACCC has announced it will not oppose the proposed merger of Fox Sports and Foxtel, finding that the transaction would not substantially lessen competition.

The ACCC has released a Statement of Issues on BP's proposed acquisition of Woolworths» petrol sites, identifying some preliminary concerns that the proposed acquisition «may substantially lessen competition for the retail supply of fuel across metropolitan areas.»

The ACCC considers the proposed acquisition will substantially lessen competition in «the market for the retail supply of electricity in New South Wales».

The ACCC has expressed concern that the proposed acquisition would substantially lessen competition «in the supply of storage water heaters».

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».

Touring Woolworths» newly - refurbished supermarket at Marrickville in Sydney's inner west on Thursday morning, Mr Banducci was visibly disappointed by the Australian Competition and Consumer Commission's decision to block the sale to BP on the grounds it would likely substantially lessen competition and drive up fuel prices.

The ACCC concluded that the acquisition would be unlikely to substantially lessen competition.

The ACCC has indicated it will not opposed Woolworths» proposed acquisition of organic supermarket «Macro Wholeoods Market», concluding it is unlikely the merger will substantially lessen competition in the relevant organic food and grocery markets.

The ACCC will not oppose Cargill Inc's proposed acquisition from Agrium of the commodity management business of AWB Ltd, noting that the proposed acquisition is unlikely to substantially lessen competition because post merger Cargill will «continue to face competition from a number of significant sources».

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.

• prohibit disclosure of that or other information if the disclosure is made to substantially lessen competition;

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 will not oppose Glencore Incorporated plc's proposed acquisition of Viterra Inc, concluding that «proposed acquisition would be unlikely to substantially lessen competition as post merger Glencore would continue to face competition from a number of significant competitors in the market for grain trading in South Australia.»

Dual listed company arrangements which substantially lessen competition are separately prohibited by section 49 of the Act.

[Para 3.26] Similarly, it is not intended to capture conduct such as the public disclosure of pricing information which facilitates price comparison by consumers, as this conduct will increase rather than substantially lessen competition.

Following this opposition from the regulator, AGL instituted proceedings in the Federal Court seeking a declaration that the proposed acquisition would not infringe s 50 of the TPA, which prohibits mergers which substantially lessen competition.

Commenced: 9 March 2018 ACCC competition analysis: «The ACCC concluded that the proposed merger was unlikely to substantially lessen competition in any relevant market.

The ACCC will be able to grant authorisation if either they are satisfied the proposed merger will not substantially lessen competition or it will produce a benefit to the public that would outweigh any public detriment.

Mergers or acquisitions which would otherwise be prohibited may be «authorised» in advance where the parties can demonstrate a public benefit which would outweight the likely anti-competitive detriment associated with the merger or where it can be shown the merger would not substantially lessen competition.