Australia’s corporate watchdog said on Thursday it had competition concerns about the planned $130 billion merger between DuPont and Dow Chemical and was in touch with overseas regulators on the deal.
The Australian Competition and Consumer Commission invited submissions from interested parties and said a final decision would be made on Feb. 2.
“The ACCC is concerned about the effect that the proposed merger may have on competition for a diverse range of products, including insecticides, seeds, and materials science products,” ACCC chairman Rod Sims said.
The merger of Dow Chemical and DuPont is being scrutinized by regulators world over, with EU antitrust officials expected to decide the deal by Feb. 6.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Meta’s $220 Million Fine in Nigeria Upheld by Competition Tribunal
Apr 27, 2025 by
CPI
DoorDash Proposes $3.6 Billion Acquisition of Deliveroo
Apr 27, 2025 by
CPI
US Judge Delays Approval of $2.8 Billion NCAA Settlement Over Athlete Rights
Apr 27, 2025 by
CPI
US Launches Criminal Antitrust Probe Into TP-Link’s Pricing Practices
Apr 27, 2025 by
CPI
CK Hutchison’s $22.8 Billion Port Sale to BlackRock Draws Chinese Scrutiny
Apr 27, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Mergers in Digital Markets
Apr 21, 2025 by
CPI
Catching a Killer? Six “Genetic Markers” to Assess Nascent Competitor Acquisitions
Apr 21, 2025 by
John Taladay & Christine Ryu-Naya
Digital Decoded: Is There More Scope for Digital Mergers In 2025?
Apr 21, 2025 by
Colin Raftery, Michele Davis, Sarah Jensen & Martin Dickson
AI In the Mix – An Ever-Evolving Approach to Jurisdiction Over Digital Mergers in Europe
Apr 21, 2025 by
Ingrid Vandenborre & Ketevan Zukakishvili
Antitrust Enforcement Errors Due to a Failure to Understand Organizational Capabilities and Dynamic Competition
Apr 21, 2025 by
Magdalena Kuyterink & David J. Teece