The Government has now released draft terms of reference for its "root and branch" review of Australia's competition laws. A copy of the draft terms of reference is available here.
The terms of reference are extremely broad, focus on protecting small business, and may result in significant changes to every aspect of the Australian competition law landscape.
Key issues for review are:
The Review Panel, which is yet to be determined, will conduct a public consultation process and deliver its final report to the Government by December 2014. Watch this space...
The Treasurer yesterday announced far-reaching reforms of Australia's merger control regime. The reforms proposed by the Government include the introduction of a mandatory notification requirement...
Late last week, the Chair of the ACCC announced the regulator's compliance and enforcement priorities for 2024-2025.
2024 is off to brisk start in the cyber, privacy and data space – regulatory developments in cyber security and artificial intelligence (AI) continue at pace.