The Harper review has resulted in significant changes to
Australian competition law. Multinationals and Australian
businesses alike are reviewing their practices in response.
Starting Monday, 6 November 2017, a person with a substantial
degree of power in a market will be prohibited from engaging in
conduct that has the purpose, or has or is likely to have the
effect, of substantially lessening competition.
Unilateral conduct that once was permissible because it did not
constitute "taking advantage" of market power and/or did
not have an anti-competitive purpose could soon be on the
ACCC's radar. Penalties for non-compliance can exceed $10
million.
If so, you might need a market power health check. To make the
review process easier, and demystify the heavily-debated changes
and their impact upon your business we have put together a specific
offering. Our fit-for-purpose and cost-effective packages are
designed to assess regulatory risks in the context of