trending Market Intelligence /marketintelligence/en/news-insights/trending/13_0pUz8p4TI-kVQqcEbig2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Australian regulator clears Wesfarmers' purchase of online retailer Catch Group

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Australian regulator clears Wesfarmers' purchase of online retailer Catch Group

The Australian Competition and Consumer Commission, or ACCC, has cleared Wesfarmers Ltd.'s proposed acquisition of e-commerce company Catch Group Holdings Ltd. for A$230 million.

"We reviewed whether Wesfarmers' retail position could be leveraged into online sales and marketplaces in an anti-competitive way… The current growth in online marketplaces is fostering competition between providers, and feedback indicated that Wesfarmers' proposed acquisition of Catch would be unlikely to change that level of competition," ACCC Commissioner Stephen Ridgeway said in a statement.

Stakeholders also advised the ACCC that Catch and Wesfarmers are not close competitors due to the differences in their business models.

The commission opened its review on the proposed deal on June 14.

Following the ACCC's clearance, Wesfarmers said completion of the transaction is expected to occur within August.