SIG ASX: Chemist Warehouse, Sigma Healthcare merger deal can still get past ACCC health check

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 90%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The issue of the competitiveness of Sigma’s pharmacies may require a more direct solution, such as disposing of a few Chemist Warehouse outlets.

Already a subscriber?The deep irony contained in the Australian Competition and Consumer Commission’s statement of issues on the reverse takeover of Sigma Healthcare by Chemist Warehouse raises concerns about the deal’s impact on competition in the pharmacy sector.

Increased vertical integration, the ACCC argues, is a problem in the pharmacy sector, where existing regulations “generally drive a model of independent retail store ownership”. None of these issues will be a surprise to either the Chemist Warehouse or Sigma camps, which would have been prepared for the ACCC process to extend to the public consultation that will now occur. And both parties have been working with the ACCC on all the issues raised for some time.While the issue of vertical integration is a live one, Sigma and Chemist Warehouse will take comfort from three sources.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

ACCC says proposed Chemist Warehouse merger with Sigma Healthcare raises 'competition concerns'The Australian Competition and Consumer Commission says a proposed merger between pharmacy retail giant Chemist Warehouse and Sigma Healthcare raises 'competition concerns' in the country's pharmacy sector.
La source: abcnews - 🏆 5. / 83 Lire la suite »

Chemist Warehouse’s $8.8b merger could stifle competition, shut stores: ACCCAustralia’s competition watchdog has raised concerns that Chemist Warehouse’s planned merger with Sigma Healthcare into an $8.8 billion titan will hurt rivals in the pharmacy sector.
La source: brisbanetimes - 🏆 13. / 67 Lire la suite »

Chemist Warehouse’s $8.8b merger could stifle competition, shut stores: ACCCAustralia’s competition watchdog has raised concerns that Chemist Warehouse’s planned merger with Sigma Healthcare into an $8.8 billion titan will hurt rivals in the pharmacy sector.
La source: theage - 🏆 8. / 77 Lire la suite »

Chemist Warehouse’s $8.8b merger could stifle competition, shut stores: ACCCAustralia’s competition watchdog has raised concerns that Chemist Warehouse’s planned merger with Sigma Healthcare into an $8.8 billion titan will hurt rivals in the pharmacy sector.
La source: smh - 🏆 6. / 80 Lire la suite »