Australia passes new merger laws, set to enhance transparency and efficiency starting mid-2025.

Australia's Parliament has passed a new law reforming the country's merger regime, set to take effect on January 1, 2026, with voluntary use starting July 1, 2025. The reforms will require transactions above a certain threshold to be reported to the Australian Competition and Consumer Commission (ACCC), aiming to improve transparency and efficiency in merger control. The ACCC will release draft guidelines for consultation early next year to help businesses adapt.

November 28, 2024
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