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Merger crackdown anoints ACCC “judge and jury” on merger deals

Zaven Mardirossian explains to the AFR’s economics editor, John Kehoe, that draft laws released by Treasury last week will provide the regulator with “unfettered discretion to knock back mergers based on broad theoretical and economics concepts, rather than market realities”, effectively establishing the ACCC as “judge, jury and executioner” on deals.

29 July 2024

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