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Landmark merger ruling will create a deterrent: Papua New Guinea antitrust official

By James Panichi ( August 1, 2025, 08:37 GMT | Insight) -- Businesses in Papua New Guinea failing to notify deals that hit monetary thresholds can expect to be targeted by legal action, the Pacific country’s top antitrust enforcer said this week in the wake of the first-ever penalty to be imposed under revamped merger laws. In a statement welcoming a judge’s decision to impose a $181,500 fine on local retail and wholesale business Freedom Apex, Independent Consumer & Competition Commission CEO Paulus Ain said the decision should act as a deterrent for other dealmakers planning to sidestep the law’s notification provisions.Businesses in Papua New Guinea failing to notify deals that hit monetary thresholds can expect to be targeted by legal action, the Pacific country’s top antitrust enforcer said this week in the wake of the first-ever penalty to be imposed under revamped merger laws....

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