Helen Joyce

Dec 11, 2024 | globalcompliancenews.com | Lynsey Edgar |Georgina Foster |Helen Joyce

The Australian Parliament passed the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 (“Bill“) without any amendments on 28 November 2024, marking a new chapter for merger control in Australia.  The merger laws are slated to come into effect on 1 January 2026 and will constitute a significant departure from the existing voluntary regime.

Oct 29, 2024 | globalcompliancenews.com | Lynsey Edgar |Georgina Foster |Helen Joyce

On 10 October 2024, the Federal Government introduced the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 (“Bill“) to Parliament. The Bill will amend the Competition and Consumer Act 2010 (“CCA“) to implement a mandatory and suspensory merger control regime in place of the former voluntary regime. The Bill has been introduced following extensive public consultation, resulting in a number of important changes to the proposal set out in the earlier exposure draft.

Oct 18, 2024 | lexology.com | Georgina Foster |Lynsey Edgar |Helen Joyce

© 2024 Baker & McKenzie | 2In more detailNotification thresholdsFollowing extensive consultation with various stakeholders, the Government has announced revised notification thresholds. There will be three alternative monetary thresholds as set out in the chart below from the Government's response to theconsultation process. The notification thresholds will be contained in a standalone legislative instrument which will be thesubject of consultation in 2024-25.

Sep 4, 2024 | globalcompliancenews.com | Georgina Foster |Lynsey Edgar |Helen Joyce

Today, the Australian Treasury released a consultation paper on the proposed monetary and market share thresholds that will trigger a requirement to notify an acquisition to the Australian Competition and Consumer Commission (ACCC) under the Federal Government’s proposed new mandatory merger control regime.

Aug 29, 2024 | concurrences.com | Baker McKenzie |Georgina Foster |Lynsey Edgar |Helen Joyce

In briefToday, the Australian Treasury released a consultation paper on the proposed monetary and market share thresholds that will trigger a requirement to notify an acquisition to the Australian Competition and Consumer Commission (ACCC) under the Federal Government’s proposed new mandatory merger control regime. It is proposed that transactions which meet either of the thresholds must be notified to, and approved by, the ACCC, with penalties imposed for any failure to notify or for implem...