Contributed by: Troy Pilkington, Sarah Keene and Hannah Loke
Published on: June 27, 2017
The Commerce and Consumer Affairs Minister Jacqui Dean today announced that the Government is recommending changes to the Commerce Act.
Those changes include:
In relation to the review of the existing market power prohibition, the Minister announced that consultation to date has not revealed that an alternative test would be beneficial to competition and consumers. Accordingly, officials will continue to review the market power regime, and report back in mid-2018.
For more details on this announcement see here.
If you have any questions on how these developments may affect your business, please contact one of the contributors below. There will be further opportunities to submit on these proposed changes as the necessary enacting legislation works its way through Parliament.
This publication is intended only to provide a summary of the subject covered. It does not purport to be comprehensive or to provide legal advice. No person should act in reliance on any statement contained in this publication without first obtaining specific professional advice. If you require any advice or further information on the subject matter of this newsletter, please contact the partner/solicitor in the firm who normally advises you, or alternatively contact one of the partners listed below.
Partner, Competition and Antitrust
Partner, Public Law and Regulation
Competition and Antitrust