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Australian merger thresholds will provide 'similar protection' to call-in powers, says competition chief

By Ryan Cropp ( June 4, 2024, 12:32 GMT | Insight) -- New mandatory merger thresholds proposed by the Australian government will provide "similar protection" to call-in powers, the country’s top competition official has said. At a parliamentary hearing on Tuesday evening, Gina Cass-Gottlieb said the combination of low general thresholds and a ministerial mandate to set bespoke thresholds in specific sectors would allow some certainty for business while still capturing harmful transactions.New mandatory merger thresholds proposed by the Australian government will provide "similar protection" to call-in powers, the country’s top competition official has said....

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