Australia’s Small Business Minister Bruce Billson is reportedly distancing himself from one set of proposed reforms for competition regulation ahead of a review, assuring reporters that authorities have not yet decided on one plan for the changes.
Calls to revise competition laws emerged following a review lead by Ian Harper earlier this year. Harper is reportedly slated to release a draft report within a few weeks.
Since, reports have speculated divisions within the cabinet on how to overhaul competition laws.
But Billson said that while there remain differences in interests for the rule changes, overall regulators are committed to boosting economic growth and cracking down on market dominance abuses.
”We recognize that a range of interests, including some strongly held vested interests, will seek to influence the panel’s deliberations,” Billson said. “But we’ve chosen a high level panel with rigor and objectivity as their key strengths.”
Full content: The Australian
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
UFC Reaches $375 Million Settlement in Antitrust Case
Feb 6, 2025 by
CPI
Brazilian Architecture Council Convicted of Antitrust Violations
Feb 6, 2025 by
CPI
Bipartisan Bill Seeks to Ban Chinese AI Software from US Government Devices
Feb 6, 2025 by
CPI
Senators Call for Investigation into RealPage Algorithm’s Impact on Military Housing Costs
Feb 6, 2025 by
CPI
ECB Seeks Faster Digital Euro Legislation Amid US Stablecoin Push
Feb 6, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon