Opinion
Business relieved Gina Cass-Gottlieb didn’t win one key change
Jim Chalmers says a streamlined merger approvals process will deliver stronger, faster, simpler results. The ACCC gets more powers – just not as much as it wanted or business feared.
Jennifer HewettColumnistGina Cass-Gottlieb might not have received all she wanted, but the Australian Competition and Consumer Commission still ends up with considerably greater authority under the government’s changes to merger laws.
According to Treasurer Jim Chalmers, the result will be a merger approvals regime that is “faster, stronger, simpler, more targeted and more transparent”.
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