by Luke Woodward, Simon Snow, Peter Jones,
Angus Henderson, Nick Taylor, Michelle Rowland, Anisha Travis, Tim Gole
On 17 February 2009, the Assistant Treasurer released the Federal Government`s consultation paper on some of the most significant consumer law reform in Australia`s history. The consultation paper, An Australian Consumer Law, is one of the final steps towards establishing a uniform national consumer law to replace the current State, Territory and Federal consumer laws that operate under various fair trading legislation and the Trade Practices Act 1974 respectively. .
by Gina Cass-Gottlieb, Simon Snow, Liza Carver, Luke Woodward, Nick Taylor, Charlie Beasley
The ACCC`s response to the Government`s Creeping Acquisitions Discussion Paper. As we had advised in our previous update in September, the Assistant Treasurer and Minister for Competition Policy and Consumer Affairs released a discussion paper (Discussion Paper) calling for public comment on the best way forward for a law to prevent `creeping acquisitions`.
by Gina Cass-Gottlieb, Simon Snow, Liza Carver, Luke Woodward, Nick Taylor
The ACCC has released its long awaited Merger Guidelines (2008 Guidelines). The role of these guidelines is to outline the general analytical framework the ACCC will apply when assessing whether a proposed merger is likely to substantially lessen competition and therefore be prohibited under s 50 of the Trade Practices Act 1974. The 2008 Guidelines replace the previous Merger Guidelines, originally published in 1999 (1999 Guidelines).
by Liza Carver, Gina Cass-Gottlieb, Simon Snow, Nick Taylor, Luke Woodward, Graeme Edgerton
Almost 5 years after criminal sanctions for serious cartel behaviour were recommended by the Dawson Committee, the new Federal Government has this year released an exposure draft of legislation (Draft Bill) that would provide criminal sanctions for cartel conduct engaged in 'with the intention of dishonestly obtaining a benefit'. Clearly, good risk management and compliance strategies will be more important than ever.
by Gina Cass-Gottlieb, Simon Snow, Liza Carver, Luke Woodward, Nick Taylor, Charlie Beasley
Commonwealth Government releases discussion paper proposing amendments to the Trade Practices Act to prevent 'Creeping Acquisitions'