date:Jun 08, 2013
and infant snacks market.
ACCC chairman Rod Sims said the Commission concluded that the proposed acquisition is likely to result in a substantial lessening of competition through the removal of Rafferty's Garden, which has around 40% market share in wet infant food and is a close and effective competitor of Heinz, which also has about 40% market share in wet infant food.
The proposed acquisition would combine the two largest suppliers of wet and dry infant food in Australia, resulting in high