The ACCC recently published a Statement of Issues, in which the ACCC raised preliminary concerns that the proposed acquisition may substantially lessen competition in the competitive bidding market for future new toll road concessions in NSW.
Transurban offered a draft proposed undertaking to the ACCC on 9 August 2018. The letter regarding the undertaking is available below, along with the proposed undertaking itself.
Submissions are to be received by the ACCC no later than 9am on Wednesday 15 August 2018 and should be emailed to firstname.lastname@example.org. In the subject line of the email, please include the following words "Submission re: STP-WestConnex - attention Tim Byrne/Adelle Low".
Market inquiries letter for proposed undertaking 9th August 2018 MER18+8382.pdf (1.0 MB)
Draft proposed s87B undertaking - for consultation 9th August 2018 MER18+8383.pdf (698.7 KB)