Updated
Labor open to ACCC’s new merger regime
Updated
The federal government is open to tougher competition laws proposed by regulator Gina Cass-Gottlieb that would require companies to gain formal clearance before pursuing any mergers.
Seizing on the current economic uncertainty to push for the change, Ms Cass-Gottlieb also called for broader powers to stop mergers, including over deals that entrenched existing market power.
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Hannah Wootton is a reporter for the Financial Review. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com
Andrew Tillett writes on politics, foreign affairs, defence and security from the Canberra press gallery. Connect with Andrew on Facebook and Twitter. Email Andrew at andrew.tillett@afr.com
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