Don't play games on remedies notification, Australian official warns dealmakers
By James Panichi ( May 22, 2025, 06:14 GMT | Insight) -- Dealmakers planning to horse trade with the regulator by offering “piecemeal” remedies under Australia’s new mandatory and suspensory merger regime could see their deals delayed as the review escalates to an in-depth, “phase 2” probe, Australia’s top antitrust official has warned. Gina Cass-Gottlieb said at an event in Sydney that while there were provisions in the law for extensions to be granted when remedies are offered, it was nonetheless in the dealmakers’ interest for merger parties to put forward “clear-cut remedy solutions” as early as possible in phase 1.Dealmakers planning to horse trade with the regulator by offering “piecemeal” remedies under Australia’s new mandatory and suspensory merger regime could see their deals delayed as the review escalates to an in-depth, “phase 2” probe, Australia’s top antitrust official has warned....
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