On 20 May 2009, the Indian Government formally notified provisions in the Competition Act of India relating to anti - competitive agreements and abuse of dominance. The Indian Government has also establisheda Competition Commission of India, set up to oversee the operation of the Competition Act.
Exposure Draft on unfair terms released - 12 May 2009
On 11 May 2009, Minister for Consumer Affairs, Chris Bowen released the Trade Practices Amendments (Australian Consumer Law) Bill 2009 (Exposure Draft) on unfair terms. The Exposure Draft will amend both the Trade Practices Act 1974 (Cth) and Australian Securities Investment Commission Act 2001 (Cth). The proposed unfair terms will apply nationally across all sectors of the economy and to both consumers and small and large businesses.
ACCC issues guidelines on new component pricing laws - 7 May 2009
On 6 May 2009, the ACCC released guidelines to the new changes to component pricing legislation. The changes affect the way in which businesses can advertise “part prices” under section 53C of the Trade Practices Act 1974 and will come into effect on 25 May 2009.
Creeping acquisitions - Government releases second discussion paper - 6 May 2009
On 6 May 2009, the Government released a second discussion paper calling for public comment on the best way to address the issue of creeping acquisitions.
Chinese regulators nearly battle ready - 30 April 2009
This publications features the latest merger clearance decision by the Ministry of Commerce (MOFCOM) and new draft rules on monopoly agreements and abuse of dominance, published on 27 April 2009, that look set to create a raft of regulatory investigations in China and will require firms to reassess their China regulatory strategy.
Government flags speedier resolution to infrastructure access disputes - 8 April 2009
This publication provides a summary of the reforms to streamline the National Access Regime in Part IIIA of the Trade Practices Act (TPA). A package of legislation to amend the National Access Regime is expected to be introduced to Parliament in mid-2009.
Coca-Cola’s China juice deal goes sour - 19 March 2009
China’s Ministry of Commerce (MOFCOM) announced in March that it had rejected Coca-Cola’s US$ 2.4 billion bid to buy China Huiyuan Juice Group Limited. This is MOFCOM’s first publicly announced decision to reject a merger since the Anti-Monopoly Law came into effect on 1 August 2008. This publication canvasses some of the important policy and regulatory guidance raised by the decision.