Supermarket and Hardware Monopolists in sight: Bill containing Divestiture Powers for unilateral conduct put before Australian Parliament
11 November 2024
On 4 November 2024, a new Bill was introduced to Parliament proposing new divestiture powers for Australian courts that is aimed at deterring supermarket and hardware monopolists from engaging in anticompetitive unilateral conduct. Its passage raises critical questions about competition law and policy, and the use of targeted and sectoral structural remedies in respect of competition enforcement (as opposed to transactional) matters.
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