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Asahi's Melbourne land deal can proceed, Australian regulator says

( September 5, 2025, 01:34 GMT | Official Statement) -- MLex Summary: Asahi’s move to enter into a lease deal in Melbourne to establish a warehouse has become the second deal to be cleared under Australia’s new mandatory-notification regime, with the country’s antitrust watchdog announcing its decision today. In a Phase 1 Determination published on the mergers register, the Australian Competition & Consumer Commission said the land agreement was unlikely to have the effect of substantially lessening competition in any Australian market. The deal presented no horizontal overlap and there were sufficient alternative sites available for Asahi’s competitors, the regulator concluded.The Australian Competition & Consumer Commission's Phase 1 Determination is attached. ...

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