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ARTICLE · 24 SEPTEMBER 2024

Australia Publishes Draft Antitrust Guidance On Sustainability Collaborations

Jones Day
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The Draft Guide outlines the framework under which sustainability collaborations may be assessed by the ACCC for compliance with competition laws.

AustraliaAntitrust/Competition Law
Giles Elliott
Giles Elliott
Howard Sidman
Howard Sidman
Jürgen Beninca
Jürgen Beninca
Matthew Bull
Matthew Bull
Kevin B. Hart
Kevin B. Hart
Holly Sara
Holly Sara
Prudence Smith
Prudence Smith
Peter Wang
Peter Wang
Samin Raihan
Samin Raihan
+1 more
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In Short

The Development: Recently, the Australian Competition and Consumer Commission ("ACCC") published draft guidelines designed to assist businesses to understand how they can collaborate on sustainability initiatives without breaching competition laws ("Draft Guide").

The Context: Acting Chair of the ACCC, Mick Keogh, recently noted, "As Australia transforms to a more sustainable economy, there will be instances where businesses seek to work together to achieve better environmental outcomes". Businesses are increasingly looking for ways to meet ESG-related obligations and expectations, including through collaborations with other firms. In recognition of this, the ACCC has released the Draft Guide to help businesses manage their competition law compliance risks.

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