Developments in competition law in Australia in 2018
17 September 2018
The past 12 months have seen significant developments in Australia in the competition law area, in terms of both important policy developments and groundbreaking antitrust litigation. These cases have been brought either by the Australian Competition and Consumer Commission (ACCC) or, where criminal cartels have been alleged to exist, the Commonwealth Director of Public Prosecutions (CDPP).
The significance of these developments has not yet been fully recognised. It is worth reflecting on both the legislative changes and the reform process that have brought them about. These legislative changes are an important background to Australia’s recent significant antitrust litigation, which has refocused the attention of the business community on the need to be in compliance with antitrust laws.
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