The Fair Trade Commission (FTC) on Friday said that it had conditionally approved supermarket chain PX Mart Co Ltd’s (全聯實業) acquisition of hypermarket operator RT-Mart International Ltd (大潤發).
The overall benefits of the deal are expected to outweigh any disadvantages, the commission said, adding that it has imposed conditions on the deal to protect consumers and competition from possible abuse of PX Mart’s large market share.
The deal is expected to increase product delivery efficiency and reduce premature depletion of stock, the commission said.
The acquisition would also provide a better shopping environment after PX Mart completes renovations to RT-Mart outlets, it added.
Conditions
By Kao Shih-ching / Staff reporterThe Fair Trade Commission （FTC） on Friday said that it had conditionally approved supermarket chain PX Mart Co Ltd’s （全聯實業） acquisition of hypermarket operator RT-Mart International Ltd （大潤發）.