CLAW3206 Lecture Notes - Lecture 9: Market Concentration, Corporations Act 2001

• School: University of Sydney
• Department: Business Law
• Course: CLAW3206
• Professor: Ross Hodgson

Document Summary

Regulatory regime: the accc administers and enforces the merger provisions under the competition and consumer. Local intellectual property such as trademarks; and / or. Local plant and equipment: acquisitions of shares or assets wherever situated if the acquirer: Is incorporated in australia: carries on business in australia; Voluntary clearance system: the formal clearance system enables an acquirer (not the target) to apply to the accc for clearance of a proposed acquisition. If a(cid:374) a(cid:272)(cid:395)ui(cid:396)e(cid:396) is dissatisfied (cid:449)ith the accc(cid:859)s de(cid:272)isio(cid:374) (cid:396)ega(cid:396)di(cid:374)g a (cid:373)e(cid:396)ge(cid:396) (cid:272)lea(cid:396)a(cid:374)(cid:272)e de(cid:272)isio(cid:374), then application may be made to the australia competition tribunal for review of that decision. Types of merger reviews: main avenues available to have a proposed acquisition or merger considered and assessed. Information from other australian and overseas regulators: media reports or speculation; and / or, other sources. It is important to note that applications for merger clearance can only be made for acquisitions covered by s 50.