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International Law

: Australian Regulatory Compliance Review

Anti-competitive creeping acquisitions under review

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The Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, Chris Bowen MP, has released a discussion paper on creeping acquisitions.

The term creeping acquisitions refers to the acquisition of a number of individual assets or businesses over time that may collectively raise competition concerns, but which individually are unlikely to contravene section 50 of the Trade Practices Act 1974.

Interested parties are invited to submit comments by 12 June.

Full post as published by Australian Regulatory Compliance Review on May 06, 2009 (boomark / email).

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