Govt plans tougher anti-competition measures, eyes Australian law

Thu, 24 Jan 2019

By Gavin Evans Jan. 25 (BusinessDesk) - The government is considering adapting Australian competition law to improve local legislation barring anti-competitive conduct. Officials have proposed amending section 36 of the Commerce Act – which bars firms with substantial market power from acting anti-competitively – because interpretation by the courts has made it too costly and complex to be effective. They favour adapting law that Australia adopted in 2017, which puts more focus on activities that lessen competition, or are likely to le...

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