CLAW3206 Lecture Notes - Lecture 9: Longrun, Market Power, Talking Lifestyle 954
31 Jul 2018
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Claw3206 regulation of mergers and acquisitions week 9. In australia, the competition laws are contained in schedule 1 of the competition and consumer. The corporation / person will not be prevented from making the acquisition if, under division. 3 of part vii, the corporation is granted a clearance (s 95ac(2)) or an authorisation (s. It is important to consider the possible application of the s 50 prohibition to a merger early in the planning stages because the acc act enables the court to: Injunct the acquisition: declare the acquisition void, order divestiture of the acquisition of securities; and / or. Impose significant penalties for contravention of the acc act. In considering whether the s 50 prohibition is relevant, it is necessary to: Identify the market(s) affected in australia; and: determine whether the effect, or likely effect, of the takeover will be to (cid:858)su(cid:271)sta(cid:374)tially lesse(cid:374) (cid:272)o(cid:373)petitio(cid:374)(cid:859) i(cid:374) the (cid:373)arket(cid:894)s(cid:895) ide(cid:374)tified as (cid:271)ei(cid:374)g affe(cid:272)ted.
