Labor targets unfair company mergers in competition policy overhaul
‘Reforms that address the decline in competition can deliver big economic benefits’, the treasurer will tell the ACCCGet our morning and afternoon news emails, free app or daily news podcastCompanies will be required to notify the competition watchdog of mergers of a certain size in a major revamp of Australia’s competition laws designed to reduce unfair market concentration.On Wednesday the treasurer, Jim Chalmers, will announce that the government will overhaul the voluntary system that has left the Australian Competition and Consumer Commission flying blind when scrutinising mergers, because the regulator is only informed of about a quarter of mergers.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
‘Reforms that address the decline in competition can deliver big economic benefits’, the treasurer will tell the ACCC
Companies will be required to notify the competition watchdog of mergers of a certain size in a major revamp of Australia’s competition laws designed to reduce unfair market concentration.
On Wednesday the treasurer, Jim Chalmers, will announce that the government will overhaul the voluntary system that has left the Australian Competition and Consumer Commission flying blind when scrutinising mergers, because the regulator is only informed of about a quarter of mergers.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
usnews
US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.
