The Australian Competition and Consumer Commission (ACCC) today announced that Sonic Healthcare Limited (Sonic) could buy one of the pathology businesses it wished to buy from the troubled Healthscope Limited (Healthscope). Sonic had sought clearance from the ACCC to acquire Healthscope’s pathology businesses in Western Australia and Queensland. The ACCC decided to clear the acquisition of Healthscope’s pathology business in Western Australia, but not in Queensland.
Frontier (Australia) advised the lawyers for Sonic, which included an empirical analysis of the likely effects of the proposed acquisitions on prices for pathology services.
For more information, please contact Marita O’Keeffe at m.okeeffe@frontier-economics.com.au or call on +61 (0)3 9620 4488.