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Datasets, market concentration would be targeted under Australian merger-law revamp proposal

By James Panichi ( April 12, 2023, 05:27 GMT | Insight) -- Dealmakers in Australia would face a strengthened, mandatory merger regime designed to prevent the “entrenching, materially increasing or materially extending a position of substantial market power,” under a proposal put forward today by Australia’s top antitrust official. In a speech today, Australian Competition & Consumer Commission Chair Gina Cass-Gottlieb also said her agency had asked the government to consider revamping the 2010 competition laws to take into account the anticompetitive use of datasets. Dealmakers in Australia would face a strengthened, mandatory merger regime designed to prevent the “entrenching, materially increasing or materially extending a position of substantial market power,” under a proposal put forward today by Australia’s top antitrust official....

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