Gina Cass-Gottlieb says she would welcome new powers to break up big business, but her priority is strengthening merger laws and new powers to tackle unfair practices.
, but her priority is strengthening Australia’s merger laws and new powers to tackle unfair practices, including by smartphone apps.if they abused their market power, while Nationals Senate leader Bridget McKenzie said backing for new divestiture powers had been strengthened by big business’ support for the Yes campaign for the Voice.
On merger laws, Ms Cass-Gottlieb said she was hoping “we might get a decision on that soon from the government”., opening consultation on changes that could mean companies need approval from the Federal Court for acquisitions, and creating a mandatory notification scheme.The summit also heard on Thursday from Prime Minister Anthony Albanese, who promised to make energy relief a priority as part of next month’s federal budget, and NSW Premier Chris Minns.
“We are looking for unfair trading practices reform as well. It is proceeding through a government reform consideration process at a Commonwealth and state level but all of us need to keep a key focus to make sure this gets through into the law.”
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gina Cass-Gottlieb of the Australian Competition and Consumer Commission names two pieces of advice that shaped herBoth words of wisdom came in 1978 as Cass-Gottlieb prepared to graduate from Sydney Girls High. The first was from pioneering lawyer Dame Roma Mitchell, the second was from High Court chief justice Sir Garfield Barwick.
Read more »
ACCC probes Armaguard promisesACCC chairwoman Gina Cass-Gottlieb said she was particularly concerned about Armaguard’s undertakings relating to cash distribution in regional areas.
Read more »
Joe Biden has just dealt a big defeat to big techUS president’s new executive order is an important step towards protecting sensitive personal data
Read more »
LIVE: Big Blue tipped for ‘big bag’ amid ‘too aggressive’ concern for ‘vulnerable’ RoosAFL: Leigh Montagna has backed Blues star Charlie Curnow to have a massive week against the Roos in Round 3.
Read more »
Gina Rinehart’s new hire, the bootfluencerAfter losing a marketing chief, Gina Rinehart’s fashion portfolio turned to a politically aligned friend.
Read more »
Gina Rinehart, Nicola Forrest and Annie Cannon-Brookes top AFR Rich Women List in 2024The wealth of Australia’s richest 75 women soared by 30 per cent over the past year, as entrepreneurs in resources, tech, property and fashion enjoyed the fruits of a resurgent market.
Read more »