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Complex mergers face steep review fees in Australian cost-recovery model

By James Panichi and Saloni Sinha ( June 5, 2025, 05:17 GMT | Insight) -- Dealmakers may be asked to cough up over a million Australian dollars for the privilege of having a transaction reviewed by the mergers watchdog, under a proposal put forward by the Australian government. The Treasury Department suggests that deals proceeding to a “Phase 2” review will attract a fee of A$952,000 ($618,000) — in addition to the A$56,000 already required for the initial “Phase 1” filing — to fully recover the costs of the antitrust regulator's merger review activities. Dealmakers may be asked to cough up over a million Australian dollars for the privilege of having a transaction reviewed by the mergers watchdog, under a proposal put forward by the Australian government....

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