Original article by Lilly Vitorovich
The Australian – Page: 15 : 1-May-20
The Australian Competition & Consumer Commission has approved eBay’s purchase of Cox Automotive Media Solutions, which owns the Carsguide and Autotrader websites. The transaction, which was announced in December, will see eBay combine its Gumtree Australia operations with those of Cox Automotive Media. The ACCC noted that Carsales and Facebook Marketplace both provide significant competition to the Gumtree and Cox Media businesses.
EBAY AUSTRALIA AND NEW ZEALAND PTY LTD, EBAY INCORPORATED, CARSGUIDE, AUTOTRADER, COX AUTOMOTIVE MEDIA SOLUTIONS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GUMTREE.COM AUSTRALIA PTY LTD