Australia: ACCC investigation into Facebook's proposed acquisition of Kustomer
Progress
Current status
in force
18 Nov 2021 in force
30 Mar 2021 under deliberation
Scope
Implementers
Australia
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: user-generated content
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
ACCC approves Meta (Facebook) acquisition of Kustomer
On 18 November 2021, the Australian Competition & Consumer Commission (ACCC) approved the acquisition of Kustomer by Meta, previously Facebook. The ACCC opened the investigation on 30 March 2021 to determine if the transaction would negatively impac…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority
ACCC opens investigation into Facebook's proposed acquisition of Kustomer
On 30 March 2021, the Australian Competition & Consumer Commission (ACCC) opened an investigation into Facebook's proposed acquisition of Kustomer, a U.S. customer relationship management provider. The investigation included a possibility for intere…
SourceEvent type
investigation
Action type
announcement
Government branch
executive
Government body
competition authority