Complete Office Supplies Pty Ltd - proposed acquisition of OfficeMax Australia

Type of assessment Informal Review
Reference 62603
Complete Office Supplies Pty Ltd
OfficeMax Australia
Industry Office supplies
Outcome of assessment Not opposed
Total review days * 69
Commenced public review 20th July 2017
Date completed 16th November 2017
Market definition
The ACCC did not reach concluded views on market definition, but its review focussed on the supply of traditional office products to large commercial and government customers in Australia.
Competition analysis
The ACCC concluded that the proposed acquisition was unlikely to substantially lessen competition in any relevant market.

While the acquisition will reduce the number of credible suppliers to large customers, the ACCC considered that the merged entity would be constrained by Winc (formerly Staples), which will remain the market leader by some margin.

The proposed acquisition combines the second and third largest suppliers of traditional office products to large customers. This may create a stronger counterweight to Winc. In addition, Lyreco, although to a lesser extent, is also likely to provide a degree of competitive constraint on the merged entity.
Review timeline
Date Event
20th July 2017 ACCC commenced review under the Merger Process Guidelines.
15th August 2017 Closing date for submissions from interested parties.
6th September 2017 ACCC requested additional information from Complete Office Supplies. Former proposed decision date of 14 September 2017 delayed to allow Complete Office Supplies to provide further information.
27th September 2017 ACCC received further information from Complete Office Supplies.
16th November 2017 ACCC announced it would not oppose the proposed acquisition.

* Total Review days = Total business days less public holidays and time during which the review was suspended.