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Competition watchdog to get data-analysis capabilities, says Australian government minister

By Ryan Cropp and James Panichi ( May 24, 2024, 02:59 GMT | Insight) -- Australia’s competition watchdog will receive additional resources to boost its data-crunching capabilities, as part of a broader overhaul of the agency’s merger-assessment procedures, according to a key government member. Andrew Leigh has told MLex that the funding boost for the Australian Competition & Consumer Commission was intended to “tool up” the watchdog for a more data intensive environment. Meanwhile, the first draft of Australia’s new merger laws is expected to be published by the middle of this year, MLex understands.Australia’s competition watchdog will receive additional resources to boost its data-crunching capabilities, as part of a broader overhaul of the agency’s merger-assessment procedures, according to a key government member....

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