Contributed by: Troy Pilkington and Hannah Loke
Published on: August 25, 2017
In June, the Commerce and Consumer Affairs Minister Jacqui Dean announced that the Government was recommending changes to the Commerce Act – including:
At the same time, the Minister announced that any recommendations in relation to the s 36 market power regime would be pushed back to mid-2018, on the basis that consultation to date had not revealed that an alternative test would be beneficial to competition and consumers.
Yesterday the Cabinet papers and Regulatory Impact Statements (RISs) outlining the thinking behind those decisions were released. Interestingly:
For further detail, the relevant Cabinet papers and RISs can be accessed 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.
Partner, Competition and Antitrust
Competition and Antitrust