Australia proposes changes to control exemption in new merger regime
( October 21, 2025, 06:57 GMT | Official Statement) -- MLex Summary: The Australian government is seeking feedback on draft rules that would require notification of certain share acquisitions to the competition regulator even where they don’t result in control. In an exposure draft published on Tuesday, the Australian Treasury department proposed creating new classes that would require companies to notify the regulator when acquisitions cause their voting power to cross certain thresholds even if these deals don’t result in formal control. The government is also seeking feedback on determining requirements the regulator must comply with in making a determination in respect of a waiver application.The explanatory statement and the exposure draft are attached....
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