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Comment: How an action-packed year may deliver Australia merger-law changes in 2024

By James Panichi ( January 2, 2024, 03:10 GMT | Comment) -- If 2024 is the year likely to deliver tough new merger laws to Australia, 2023 was the dramatic year that allowed it all to happen. After half a decade of indifference by governments, the Australian Competition & Consumer Commission has finally been able to convince lawmakers that it needs a mandatory-notification regime to deal with global tech mergers. But at the heart of the enforcer’s drive for a revamp of the 2010 Competition and Consumer Act lie two recent court defeats that had nothing to do with Big Tech or mandatory notification.Until 2023, the discussion about updating merger laws in Australia had been predictable. The country’s competition regulator would lament its impotence to stop mergers, particularly global tech deals; the government would acknowledge its concerns, only to forget about them....

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