Mergers

Mergers

When one firm buys another firm or its assets, it can become more efficient and innovative. In some cases, mergers can significantly reduce competition. The Competition and Consumer Act 2010 prohibits mergers that are likely to substantially lessen competition.

Informal merger reviews

Merger parties can use the informal merger review process to seek the ACCC’s view on whether a proposed merger is likely to substantially lessen competition. This process doesn’t protect parties from legal action by the ACCC or third parties.