MicroStar-Konvoy deal blocked by ACCC after review
( August 7, 2026, 06:18 GMT | Official Statement) -- MLex Summary: MicroStar Logistics' proposed acquisition of Konvoy has been blocked by Australia's competition watchdog after it found the deal would be likely to substantially lessen competition in the country's keg-pooling services market. The Australian Competition & Consumer Commission on Friday said the acquisition would eliminate MicroStar's only direct competitor, allowing it to raise prices and reduce service quality, particularly for independent brewers. The regulator rejected MicroStar's proposed remedy, concluding it would not address the structural harm of creating a monopoly.Statement follows. Determination and summary of reasons attached....
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