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ARTICLE · 07 DECEMBER 2017

Amendments To Australian Antitrust Regime Take Effect

Jones Day
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Australia has adopted a package of changes to its antitrust laws that are designed to give more power to its antitrust enforcement agency, the Australian Competition and Consumer Commission...

AustraliaAntitrust/Competition Law
Nicolas Taylor
Nicolas Taylor
Prudence Smith
Prudence Smith
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In Short

The Situation: Australia has adopted a package of changes to its antitrust laws that are designed to give more power to its antitrust enforcement agency, the Australian Competition and Consumer Commission, and to increase private antitrust litigation.

Looking Ahead: Companies that are involved in the exchange of competitive information or that could be accused of having a substantial degree of market power should quickly review their practices in light of the new laws.

On November 10, 2017, Australia adopted a package of changes to its antitrust laws that enhance the Australian Competition and Consumer Commission's ("ACCC") power and increase exposures to private litigation.

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