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Why real-estate deals in Australia are about broader market dynamics

By James Panichi ( August 20, 2025, 07:14 GMT | Comment) -- The Australian antitrust regulator’s recent guidance on how dealmakers should manage real-estate transactions under the country’s new mandatory notification regime has left some merger lawyers shaken. The Australian Competition & Consumer Commission has argued it’s not as interested in the land deal as it is in its impact on the broader market. So, Asahi’s decision to lease land in Melbourne to build a warehouse means less than the warehouse’s possible effect on the Australian markets for beverages. Lawyers fear that this will further increase the need to “front-load” their notifications with extensive market analysis.It was on a Friday afternoon, known as take-out-the-trash time reserved for newsmakers wanting a story dead and buried, that Australia’s antitrust watchdog dropped an unassuming update to its frequently asked questions relating to the country’s new merger regime....

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