The Australian House of Representative and Senate make amendments to the Competition and Consumer Act

Significant amendments have been made to the Competition and Consumer Act 2010 (Cth) with the passage of the Competition and Consumer Amendment (Competition Policy Review) Bill 2017 (Cth) today. While these amendments have been long in the making and follow the recommendations of the Harper Review, the changes are significant and will lead to a period of uncertainty and adjustment. Key changes include the introduction of a concerted practices prohibition, the long-awaited repeal of the per se prohibition on third line forcing, as well as changes to the merger authorisation regime. The date that these changes will come into effect has not yet been determined. However, we expect that the changes, along with the changes to the misuse of market power provision (discussed in our recent

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  • Herbert Smith Freehills (Sydney)

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Patrick Gay, The Australian House of Representative and Senate make amendments to the Competition and Consumer Act, 18 October 2017, e-Competitions October 2017, Art. N° 93672

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