The Australian Competition Authority issues an appeal against the Federal Court’s decision which try to dismiss the Competition authority proceeding in a acquisition (Pacific National / Aurizon)

On 27 June 2019, the ACCC announced that it has lodged an appeal to the Full Federal Court against the Federal Court’s decision. The ACCC stated that its appeal will focus on the ability of courts to accept undertakings given the ACCC’s concerns about the ability of access undertakings to resolve competition issues arising from a merger. In July 2017, Aurizon and Pacific National entered into a number of agreements for the sale and purchase (or subcontract) of Aurizon’s Acacia Ridge Terminal, its interstate intermodal business and its Queensland intermodal business. The ACCC alleged that in doing so Aurizon and Pacific National reached an understanding that had (or Pacific National’s proposed acquisition of the Acacia Ridge Terminal would have) the effect or likely effect of substantially

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • Herbert Smith Freehills (Sydney)
  • Jones Day (Melbourne)
  • Herbert Smith Freehills (Sydney)
  • Herbert Smith Freehills (Melbourne)

Quotation

Liza Carver, Matthew Bull, Patrick Gay, Sarah Benbow, The Australian Competition Authority issues an appeal against the Federal Court’s decision which try to dismiss the Competition authority proceeding in a acquisition (Pacific National / Aurizon), 27 June 2019, e-Competitions June 2019, Art. N° 93528

Visites 35

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues