Showing posts with label Australian Antitrust Clearance ACCC Tough Sell October 14 2009. Show all posts
Showing posts with label Australian Antitrust Clearance ACCC Tough Sell October 14 2009. Show all posts

Wednesday, October 14, 2009

Sch-Merck Reverse Merger Deal -- Cleared In Australia, With Conditions


Still the all important US FTC/DoJ to go, as well as the ECC and Japanese authorities -- but the bust-up has cleared the ACCC, the Australian competition authority, per Reuters' reporting, under the keyboard of Felix Salmon:

. . . .The Australian Competition and Consumer Commission had raised concern about competition in the animal health sector due to the two companies' overlapping businesses in Australia ahead of Merck's sale of Merial to French drug maker Sanofi-Aventis. . . .