Baxter International seeks clearance to acquire Gambro AB
The Commerce Commission has received an application from Baxter International Inc. seeking clearance to acquire Gambro Pty Ltd. The application relates to a global merger.
In New Zealand, both Baxter and Gambro distribute and sell dialysis machines and consumables for the treatment of acute and chronic kidney disorders.
A public version of the application is available in the clearances register http://www.comcom.govt.nz/clearances-register/
Background
Assessing an application for a merger or acquisition
When considering a proposed merger, the Commission must decide whether the competition that is lost in a market when two businesses merge is substantial. We will give clearance to a proposed merger only if we are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.
A fact sheet explaining how the Commission assesses a merger application is available for download at http://www.comcom.govt.nz/mergers-and-acquisitions-merger-assessment-fact-sheet/