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Australian corporates to get formal feedback mechanism for new merger regime

By Ryan Cropp ( November 22, 2024, 04:04 GMT | Insight) -- Corporate industry groups will be able to provide Australia’s competition watchdog with direct and ongoing feedback on the implementation and functioning of the country’s new merger laws, says a top antitrust official. Speaking at a late-night parliamentary hearing on Thursday, Gina Cass-Gottlieb said the Australian Competition & Consumer Commission will establish a “Performance Consultative Committee” to facilitate continuous business input on impending changes to Australia’s system of merger review. Members of the committee will include top corporate lobbies — the Business Council of Australia and the Australian Chamber of Commerce and Industry, small business peak body Cosboa, the National Farmers Federation and influential tech industry group the Tech Council of Australia.Corporate industry groups will be able to provide Australia’s competition watchdog with direct and ongoing feedback on the implementation and functioning of the country’s new merger laws, says a top antitrust official....

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