Competition law changes come into force TODAY

06 November 2017

Last month two Acts implementing the biggest changes in Australia’s competition laws in over 20 years were passed into law.

On Thursday last week a commencement date of 6 November 2017 was proclaimed for these changes.  Most changes are therefore in force TODAY – earlier than was generally expected.

From today:

  • The controversial ‘effects test’ for misuse of market power is in effect;
  • ‘Concerted practices’ are now prohibited;
  • Third line forcing is no longer prohibited outright;
  • The new test for authorisations is in place, potentially allowing more arrangements to be authorised than previously;
  • Immunity can be more easily obtained for resale price maintenance; and
  • Many other changes come into force.

A summary of the changes can be found here. If you have any queries, please contact the Competition and Consumer Law team at HWL Ebsworth Lawyers.

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