Feb 18 (Reuters) - Australian competition and consumer commission:
- Axx: accc to not oppose gpc, covs parts (AHG)
- AHG proposes to continue to operate the four retained stores through
its amcap division
- Will continue to have two generalist auto parts suppliers, providing more choice for regional trade businesses
- "Intends to issue a public competition assessment in due course"
- Says ahg also offered an undertaking to accc to maintain and operate retained stores in substantially same manner as they are now operated
- Satisfied that excluding the retained stores from the proposed acquisition sufficiently addresses our concerns
