Govt approves ComCom 'market studies', baulks on market abuse test reform

Mon, 26 Jun 2017

By Pattrick Smellie June 27 (BusinessDesk) - The Commerce Commission will get the power to conduct proactive 'market studies' to help it pinpoint emerging competition issues but decisions on long-standing recommendations to reform the market abuse test in the Commerce Act have been kicked out to mid-2018. Commerce Minister Jacqui Dean announced the government decisions, saying the power to conduct formal market studies would "promote better competition" and follows recommendations from both the competition regulator and the Productivity C...

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