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ARTICLE · 07 NOVEMBER 2017

Harper reforms to Australian competition law in effect

Businesses in Australia must comply with new laws governing misuse of market power, concerted practices, and cartels.

AustraliaAntitrust/Competition Law

From today, businesses operating in Australia must comply with new laws governing misuse of market power, concerted practices, and cartels, following the commencement of the Harper reforms, embodied in:

  • the Competition and Consumer Amendment (Competition Policy Review) Act; and
  • the Competition and Consumer Amendment (Misuse of Market Power) Act.

And from today third line forcing is no longer an outright prohibition. Any third line or third party bundling arrangements and similar will, in the future, be only at risk if they significantly affect competition in the relevant market. As a result, most of these co- promotion arrangements will likely not need to be notified to the ACCC, which was previously a common practice.

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