It brings Australia into line with large jurisdictions offshore, and tries to ensure the ACCC receives the same standard of information and time to make decisions as antitrust agencies looking at the same deal in other markets.
Ultimately, mandatory notification would claw back some power from lawyers who typically handle ACCC informal merger review processes on their clients’ behalf. “But, in reality for these big global deals, where Europe and the US are much bigger markets, it’s often a practical necessity to work on, say, the European filing first, work out what the facts are, and then get counsel to customise the application to address the issues in their country.
It’ll be interesting to see the reforms in more detail, to see exactly how far Cass-Gottlieb wants to go.
Does Tom Richardson speak Chinese around the office? He’s a biased prick
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
ACCC boss calls for Australia merger laws overhaulACCC Chairwoman Gina Cass-Gottlieb has called for an overhaul of Australia’s merger laws which includes companies being required to seek approval before mergers or takeovers go ahead. Speaking at the National Press Club, Ms Cass-Gottlieb singled out tech giants as having market power, with an ability to lessen competition by acquiring smaller rivals.
مصدر: SkyNewsAust - 🏆 7. / 78 اقرأ أكثر »
ACCC rejects claims gas price cap and safeguard mechanism harming new investmentChair Gina Cass-Gottlieb says it’s not ‘accurate’ to claim the government’s policies were making Australia uncompetitive Yep. The gas industry makes up s**t for fun and profit, as usual.
مصدر: GuardianAus - 🏆 1. / 98 اقرأ أكثر »
Competition watchdog seeks new merger regimeCompanies would be required to gain a formal clearance before being allowed to combine under an overhaul of merger laws proposed by ACCC chairwoman Gina Cass-Gottlieb. I don't remember voting for that. What about building companies who go bust and open up next week under different name, ABN etc. with same directors. acccgovau ato_gov_au
مصدر: FinancialReview - 🏆 2. / 90 اقرأ أكثر »
Competition watchdog seeks new merger regimeCompanies would be required to gain a formal clearance before being allowed to combine under an overhaul of merger laws proposed by ACCC chairwoman Gina Cass-Gottlieb. I don't remember voting for that. What about building companies who go bust and open up next week under different name, ABN etc. with same directors. acccgovau ato_gov_au
مصدر: FinancialReview - 🏆 2. / 90 اقرأ أكثر »