ACCC raises crimson flag with Dan Murphy’s proprietor over Darwin pub buy

“Particularly, we’re looking for your views on, how carefully Endeavour’s lodges and bottle retailers compete with Beachfront Lodge; the supply of different lodges and bottle retailers within the space, and; whether or not Endeavour’s elevated dimension would impression the acquisition of liquor merchandise on the wholesale stage,” the ACCC mentioned in a separate market inquiries letter addressed to the general public.

Submissions shut at 5pm on January 16, and the regulator expects to make a closing determination by March 9, though this date is topic to alter.

A spokesperson for Endeavour Group mentioned it acknowledged the ACCC’s announcement and that it was working constructively with the regulator on its assessment.

“The Beachfront Lodge is a well-established, premium venue, standard with households, locals and vacationers. It’s an iconic pub and an vital a part of the area people,” the spokesperson mentioned.

“If the ACCC have been to approve the transaction, we’d sit up for working with the present workforce and group to construct on the pub’s reputation whereas sustaining the qualities that make it so well-loved at present.”

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