Significant reforms to the authorisation and notification provisions of the Competition and Consumer Act 2010 (CCA) came into effect on 6 November.
Under these reforms the:
We have prepared guidelines to help businesses and their advisers understand the new provisions relating to merger and non-merger authorisations and how the ACCC proposes to assess applications for authorisation under the new tests. Interim forms have been developed for applications and notifications made under the new provisions.
Where possible the guidelines provide guidance regarding the processes that the ACCC will apply in relation to the new provisions. However, it is expected that there will be a period of transition implementing the new provisions where the details regarding the processes will remain flexible and may need to change over time once the first applications under the new provisions are considered.
We invite feedback from interested parties on:
Your feedback will help to inform us regarding the need for any further changes to these documents following the consultation period.
Interested parties can email their submission to guidelines@accc.gov.au or upload their submission, preferably in PDF format. Please include your name, organisation and contact details when making a submission.
Submissions are due by 5pm, 1 December 2017.
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