Businesses must bear cost of deal reviews, Australian minister says
( June 5, 2025, 00:57 GMT | Official Statement) -- MLex Summary: Proposed new fees for dealmakers requiring clearance for mergers and acquisitions under Australia’s new regime have been calibrated to reflect the resources required by the antitrust watchdog to “efficiently carry out an assessment,” Australian Competition Minister Andrew Leigh said. In a statement announcing the consultation, Leigh said that the new regime will “embed cost-recovery principles” that require businesses proposing potentially risky deals for assessment “bear the cost they pose on the community to assess that risk, rather than taxpayers.” Under the proposal, dealmakers will have to pay fees exceeding A$1 million ($650,000) for in-depth reviews. The full statement from Australian Competition Minister Andrew Leigh follows: ...
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