Andrew Leigh on non-compete clauses, merger law, and the AI revolution
The Federal Assistant Minister for competition says all options are on the table for merger-law changes, while non-compete clauses hurting startups are also in focus.
Wherever you look in the world of regulation at the moment there's a competition-related review. Be it the Australian Competition & Consumer Commission's (the ACCC's) five-year digital platform's inquiry, or the Senate inquiries into economic dynamism or the influence of digital platforms on the Australian economy, to name a few.
But while inquiries will keep coming, Assistant Minister for Competition Andrew Leigh told Capital Brief the two-year competition policy review announced by the government in August isn't about delivering a doorstop report. It's about immediate changes government can make to increase competition and benefit consumers. Top of mind are changes to merger laws.
What can you tell Capital Brief about the remaining appointees to the [Competition Taskforce] advisory panel?
The advisory panel blends academic and practical expertise, business nous and a global perspective. I am confident they will enhance the work of our crack Competition Taskforce.
