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In Touch: What's happening in Australian competition and consumer law - October 2024
The latest in competition and consumer law – October 2024 ...
Consumer law reform: consumer protections gain momentum with latest announcements
The Federal Government has signalled its commitment to advancing major consumer law reforms with three key announcements this week that included proposals to strengthen consumer guarantees, ban unfair trading practices and introduce artificial intelligence (AI) specific protections ...
Merger reform legislation: complex process risks capturing more transactions than intended
Yesterday, the Federal Government introduced the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 (the Bill) to the Parliament, marking a significant shift in Australia's merger reg ...
M&A reform: notification thresholds out for consultation
Treasury has released its Consultation Paper on notification thresholds under Australia's proposed new mandatory merger regime. The Consultation Paper sets out its proposed design and values for the notification thresholds, which are based on international experience and available data. ...
Allens acts for Veolia on GCR Awards 2022 Merger Control Matter of the Year
'We are pleased to have acted for Veolia in such a significant acquisition and it was a pleasure to work with Chief Legal Officer, Jane Sandilands, the team at Veolia Australia and also with Veolia ...
Allens acts for Salesforce on obtaining ACCC clearance
'We are pleased to have acted for Salesforce in such a significant acquisition. Combining Salesforce and Slack's complementary solutions is expected to enhance the way organisations and people work ...
The future of mergers in Australia: Treasury's proposed new framework
The Federal Government has released draft legislation for consultation to implement reform to Australia's merger laws following its announcement in April that Australia is moving to a mandatory and suspensory administrative merger regime from 1 January 2026. ...
Green shoots: digging into the ACCC's draft guidelines on sustainability collaborations
Climate change has been described as a 'defining challenge' for humanity. In these circumstances, it is timely that the ACCC has released its draft guide on the interaction between sustainability collaborations and Australian competition law (the Draft Guide). ...
Policymakers focus on restraint of trade clauses – 'coercive, exploitative and an unfair method of competition'
The Federal Treasury recently published an Issues Paper seeking views to inform its consideration of a potential prohibition on post-termination worker restraints of trade, no-poach and wage fixing agreements, as part of a broader review of Australian competition laws announced last year. ...
Treasurer hails fifth wave of competition reform with changes to merger clearance rules
The Federal Treasurer, Dr Jim Chalmers MP, announced today that the Government is moving ahead with its plans to introduce significant changes to Australia's merger clearance rules. ...