The Fijian Competition and Consumer Commission (FCCC) is seeking public submissions as it assesses a proposed acquisition of Bluescope Pacific Steel (Fiji) Pty Limited by Victory Steel Pte Limited.
The proposed transaction involves Victory Steel acquiring the business and assets of Bluescope Pacific Steel, which operates from Suva, as a going concern.
Under the FCCC Act 2010, the Commission will examine whether the acquisition could substantially affect competition in Fiji’s reinforced steel market.
As part of its assessment, the FCCC will consider the likely impact of the transaction on market concentration, barriers to entry, pricing, product availability, consumer choice and consumer welfare.
The Commission will also assess any economic efficiencies and public interest benefits that may arise from the proposed acquisition.
FCCC is inviting written submissions from businesses, consumers, industry stakeholders and members of the public on a range of issues, including whether the acquisition could strengthen Victory Steel’s market position, reduce competition or create barriers for existing and future competitors.
The Commission is also seeking views on whether the transaction could improve operational efficiencies and ultimately benefit consumers.
Submissions must be addressed to the FCCC Chief Executive Officer and received no later than 4:00pm on 24 July 2026.
The public consultation forms part of the FCCC’s assessment before a decision is made on whether the proposed acquisition should proceed.
