Key Documents
The Australian Government announced reforms to merger rules and processes on 10 April 2024. Notification thresholds will form part of the new merger control system.
Under the mandatory and suspensory administrative system, thresholds determine which mergers or acquisitions must be notified to the Australian Competition and Consumer Commission (ACCC) before completion.
Monetary and market concentration thresholds, as well as additional targeted notification requirements set by a Treasury Minister, will be used to determine which mergers are notifiable.
The system will be risk-based and targeted at mergers that are most likely to harm competition and consumers.
For acquisitions below the notification thresholds, merger parties may voluntarily notify the ACCC.
Stakeholder engagement
Alongside inviting submissions, the Competition Review Taskforce in Treasury will also engage in targeted stakeholder engagement.
Responding
You can submit responses to this consultation up until 20 September 2024. Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
View our submission guidelines for further information.
How To Respond
Post
Address written submissions to:
Treasury
Langton Cres
Parkes ACT 2600