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New merger-assessment guidelines open for feedback, Australian regulator says

( March 20, 2025, 01:00 GMT | Official Statement) -- MLex Summary: Australia's competition regulator is seeking feedback on its new merger-assessment guidelines, which outline the analytical framework for evaluating notified acquisitions under the new regime. In a statement today, accompanying the consultation paper, the Australian Competition & Consumer Commission said that these guidelines are “intended to help the community, including merger parties and their advisers,” understand how the regulator will assess acquisitions under the new regime. The regulator said that this includes the application of the “substantial lessening of competition” test to include “creating, strengthening or entrenching a substantial degree of market power" and the “cumulative effect” of serial acquisitions.The full statement by the Australian Competition & Consumer Commission follows; and the draft consultation paper on merger assessment guidelines is attached:...

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