Under the current regime, companies are not required to notify the regulator of the planned marriage nor wait for ACCC clearance before the merger is finalised.in line with global approaches
She said it was “a big call to say the current law is not fit for purpose”, suggesting there was not necessarily evidence of that. Allens partner and competition practice leader Jacqueline Downes, who agreed with Ms Zuk that the volume of approvals by the ACCC of reviewed deals, warned against “unintended consequences” from a mandatory regime.
“While Australia’s system is relatively unique, the process works quickly and efficiently for most mergers and provides greater flexibility in negotiating outcomes. So if it works, why change it?” he said.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: