Australian CPD Series 2025: Mandatory ACCC Clearance for Acquisitions: How This Seismic Change Will Affect Your Business and Other Key Upcoming Changes to Competition and Consumer Laws

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Australian CPD Series 2025: Mandatory ACCC Clearance for Acquisitions: How This Seismic Change Will Affect Your Business and Other Key Upcoming Changes to Competition and Consumer Laws

Credit(s):

1 Australia (Substantive Law)

Original Program Date:

February 12, 2025

Duration:

54 minutes

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Category: Regulatory & Policy, Antitrust & Competition

Category: Regulatory & Policy, Antitrust & Competition (show less)

This session focused on:

The introduction of Mandatory Merger Clearance:
- The low monetary thresholds meaning that large numbers of acquisitions will require clearance;
- The broad definition of 'acquisition' meaning the focus is much broader than mergers and acquisitions;
- What is involved: the applications, the process and timelines (and whether you will qualify for a waiver);
- What this means for you in planning acquisitions/deals and timelines and proactivity; and
- What it means for you if you are a 'serial acquirer'/your business model involves ongoing acquisition – in the face of the proposed three-year look-back provision.
Updates on other upcoming key changes:
- Potential penalties for breaches of Consumer Guarantees and Manufacturers refusing to indemnify retailers for breaches; and
- The likely introduction of a prohibition of Unfair Practices.

Western Australian practitioners - To add this session to your Legal Practice Board CPD Management System (CPDMS) record, please email your Certificate of Attendance and Practitioner ID to cle@klgates.com.

1 Australia (Substantive Law)

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