The ACCC has outlined preliminary competition concerns with
The ACCC is concerned that the proposed acquisition would likely substantially lessen competition in the supply of takeaway liquor in the local Rye area.
"The BWS Rye and the
"We are concerned about this acquisition resulting in a substantial increase in Endeavour's market share in the local Rye area."
"Both local residents and holiday makers in the local area around the Rye Hotel benefit from competition between liquor stores. This competition helps ensure different product ranges, promotions and service levels continue to be available,"
The ACCC is also considering the impact of the proposed acquisition on the competitiveness of other stores that operate under the Thirsty Camel banner and on the wholesale market for the supply of liquor.
The Statement of Issues can be found on the ACCC's public register at
The ACCC encourages local consumers and holiday makers to complete the consumer survey by
The ACCC invites submissions in response to the Statement of Issues by
Background
Endeavour is a major Australian alcoholic drinks retailer and hotel operator that operates a portfolio of brands including BWS,
Endeavour also manages over 330 licensed hotels across
- on-premises food and beverage areas, including function rooms, live entertainment, TAB and gaming facilities,
- an attached drive-through bottle shop which trades under the Thirsty Camel banner, and
- beachfront accommodation.
https://www.accc.gov.au
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(C) 2023 M2 COMMUNICATIONS, source