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Competition Quarterly Update - November 2009

1/11/2009
  • Our publications
    Proposed changes aim to enhance and streamline access to infrastructure - 4 November 2009; China's intervention in global M&A heats up while AML private actions cool down - 4 November 2009; Government proposes to delay unfair terms commencement - 30 October 2009; Regulatory investigation and waiver of privilege - ASIC v Lindberg - 16 October 2009; China's competition regulator imposes conditions on two proposed mergers under the AML - 2 October 2009 The two profiled decisions are General Motors acquisition of Delphi and Pfizer’s acquisition of Wyeth Corporation. Both mergers were cleared by MOFCOM, but are subject to some restrictive conditions. Telstra encouraged to structurally separate under important telecommunications reforms - 16 September 2009
  • In brief
    Blacktown amendment bill rejected by Senate committee; Skies get friendlier as ACCC reviews Virgin Blue and Delta joint venture; Road rage for Hino truck sellers; Leading telcos vow to review and improve their advertising; Merck and Schering-Plough call the right play; Taxing times as ACCC opposes software acquisition; ACCC focus on fuel discount offers; Voluntary change to restrictive covenant in supermarket leases
  • International news
    US Horizontal Merger Guidelines under review; UK Competition Commission provisionally rules against Ticketmaster/Live Nation merger; Transmission tails trouble for Telecom New Zealand
  • The next step in the Government’s plan to reform the unconscionable conduct laws and Franchising Code of Conduct
    The Government has proposed a number of reforms to clarify the operation of the unconscionable conduct provisions of the Trade Practices Act 1974 (Cth) (TPA) and strengthen the Franchising Code of Conduct (Code). The aim of these reforms is to provide greater protection for small businesses against unconscionable behaviour by more powerful businesses.
Who does this affect?

All businesses using standard form consumer contracts in Australia, regardless of industry sector.

What do you need to do?

Review your standard form consumer contracts and identify terms that may be “unfair”. Determine if and how they can be amended to comply with the new regime. We can help.

 

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