Albanese government proposes merger law reforms with monetary thresholds for ACCC approval in 2026.
The Albanese government has proposed significant reforms to Australia's merger laws through the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024. The new rules establish monetary thresholds for Australian Competition and Consumer Commission (ACCC) approval, targeting anti-competitive mergers while allowing pro-competitive ones to proceed more quickly. The changes, effective January 2026, follow extensive consultations and aim to enhance transparency and efficiency in merger assessments.
October 09, 2024
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