Australian Competition and Consumer Commission
ACCC
Opposition to proposed merger laws from local tech companies, VC firms and competition lawyers has been fierce. But private healthcare operators and small retailers could potentially be early winners.
Australia’s competition chief is more concerned about how Big Tech might restrain Australian tech companies than the innovation of generative AI itself.
Draft merger laws expanding ACCC powers could create a complex system that poses challenges for both the regulator and merging companies, says the Law Council.
Damian Kassabgi is now the Australian tech industry's leading voice to government. He objects to the ACCC's efforts to expand its power to block mergers.
Managing director John Kain discusses the appeal of mid-market transactions and the challenges new merger laws present for public companies in competitive bidding.
VCs and corporate lawyers have warned planned changes to Australian merger laws could stifle deals in the innovation sector as a key deadline in the reform process fast approaches.
The graphic design unicorn's acquisition of Leonardo.Ai would be the perfect test case for a mandatory merger-review system — but that's not the regulatory landscape we're in.
Treasurer Jim Chalmers this week released new draft rules for dealmaking. While lawyers say there are some positives, one told us the changes put Australia "at the extreme end of merger control".
Amid fierce competition for top lawyers, the appetite for overseas moves has picked up, giving firms with an international presence an edge in hiring and retaining talent.
Decades ago, big retailers eagerly offered cash out at checkout because they profited from handling cash. Today, it costs them money — and they’re clamping down.
Progress is slower than many hoped, but critical stages of the rollout of Australia's Consumer Data Regime are being passed. But major banks have ramped up complaints.
The ACCC's lawsuit against GLAD bags maker Clorox was the first in a range of actions the watchdog is planning as it cracks down on green claims.
The ACCC's decision to flag concerns with the $8bn deal may have spooked the markets, but competition law experts are taking a more nuanced view.
The ACCC has raised a number of preliminary concerns about Chemist Warehouse’s $8 billion reverse merger into Sigma Healthcare. But dealmakers involved insist they were bracing for worse.
Most Australian homebuyers now use mortgage brokers. So banks are changing how they sell home loans.
Nearly two-thirds of new home loans come via mortgage brokers. The economics stack up, just not for bank margins.