Ross Jones, mergers and asset sales commissioner at the Australian Competition and Consumer Commission (ACCC), said there was very little overlap between the two companies in this country.
Jones said the Commission had investigated various product segments, such as servers, PCs, and printers.
-Each of them seemed to specialise in a different area, and the combined market share of the two of them didn't breach the merger guidelines," he said.
According to Jones, the ACCC was one of a number of government agencies worldwide which had been investigating the impact of the proposed merger. -It was a merger which received a lot of attention when it was first announced," Jones said.
-It is a very large global merger, and the Australian subsidiaries [of HP and Compaq] contacted the Commission and gave us submissions," he said.
Following this the ACCC conducted market enquires, and contacted both HP and Compaq this week with its decision.
