The Australian Competition and Consumer Commission has raised concerns that a proposed merger between Sigma Healthcare and Chemist Warehouse could lead to a "major structural change" of the nation's pharmacy sector.
"This new business model for the pharmacy sector could raise barriers to rivals expanding or entering, which may lessen competition." The ACCC expressed concern the merger would also allow Chemist Warehouse to access and use commercially sensitive data about its competitors.
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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.
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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.
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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.
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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.
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