reform

The New Zealand Government has announced a range of major reforms to NZ’s competition laws, including a relatively controversial proposal to introduce an “effects test” for abuse of dominance and remove various intellectual property exemptions...

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The ACCC and AER's Corporate Plan highlights strategic priorities and areas of focus for 2019-20. Here's a helicopter overview of what you need to know....

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New Zealand joins the criminal cartel club

May 24, 2019 | 0 Comments

After years of gestation, New Zealand law now provides criminal penalties for serious cartel conduct, in a similar form to Australia’s laws that are about to experience their tenth birthday....

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With Federal Parliament already considering increases to the maximum pecuniary penalties for non-compliance with certain sections of the Australia Consumer Law (ACL) (see our article here), a Bill to implement other changes to ACL was...

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ACCC resolves to re-think its approach to penalties based on OECD report finding that average Australian penalties are substantially lower than those imposed in comparable jurisdictions for breaches of competition law...

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February was a frenetic month: the ACCC released its 2018 priorities, two Bills on the ACL were released and the Productivity Commission released its draft report on competition in the Australian Financial System....

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enforcement policy

Competition law reforms take effect

November 7, 2017 | 0 Comments

After four years of consultation and debate, some of the most significant reforms to Australia’s competition laws came into effect yesterday....

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Misuse of Market Power Bill passes but held

August 22, 2017 | 0 Comments

The Bill passes Parliament On 15 August 2017, the Competition and Consumer Amendment (Misuse of Market Power) Bill 2017 finally passed both Houses. The Bill contains much-debated amendments to s 46 of the Competition and...

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Penalty units set to increase from $180 to $210 from 1 July 2017...

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The Turnbull Government’s second Budget gives the ACCC new funds for new jobs, hikes ACL penalties and introduces measures for more competitive and fairer energy and banking sectors....

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