This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Introduction of divestiture powers could have chilling effect on business, Australian officials say

By James Panichi ( June 18, 2024, 04:14 GMT | Insight) -- Divestiture powers could have “unintended consequences” and are only used rarely in other jurisdictions, Australian antitrust officials have told the country’s government. In a briefing note to Competition Minister Andrew Leigh, officials of the Australian Treasury also revealed that they expected the US Department of Justice to use its divestment powers against Google, as a result of recent litigation over allegations of a search-market monopoly.Australian government officials have poured cold water over the need to provide the competition regulator with divestiture powers, warning of “unintended consequences” and pointing to the very limited application of such powers in other jurisdictions....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login