On 28 November 2017, the Hon Scott Morrison MP, directed the ACCC to conduct an inquiry into digital platform providers.
A valid application for merger authorisation must be in the form approved by the ACCC and accompanied by the relevant fee.
The ACCC can authorise a proposed acquisition when it is satisfied that the statutory test has been met. Merger authorisation provides protection from legal action under section 50 of the Competition and Consumer Act.
ACCC Chairman Rod Sims on the ACCC’s rethink on the way it approaches spectrum ahead of 5G auction
From 6 November 2017, the ACCC is able to make class exemptions for specific types of business conduct. This is when we are satisfied that all the circumstances are unlikely to substantially lessen competition or are likely to result in a net public benefit.
Have you felt the pressure of rising premiums or had difficulty getting insurance? Come to our public forums in northern Australia and have your say on home, contents and strata insurance.
On 24 October 2017, the ACCC released an issues paper seeking feedback on costs, premiums and profits, competition, consumer experiences, risk mitigation and regulation in the insurance sector. Submissions to the issues paper will close on 21 December 2017.