Mounting dismay over delays to decision on ‘Effects Test’

By Daniel Jacobs · 7 September 2015 · Locked

Mounting dismay over delays to decision on ‘Effects Test’

Government Defers Key Reforms for Small Business

A surprise move from the Government has left small business owners wondering about their future. What does this mean for the future of competition in Australia?

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Summary

In a move that could be regarded as inconsistent with previous rhetoric showing support for small business, the Government has resolved to defer reforms that would strengthen section 46 of the Competition Act with the implementation of an ’Effects Test’. The reforms proposed by Small Business Minister, the Hon Bruce Billson were designed to stop […]

Tags: bargaining power, Competition Act, competition act reforms, competition law, effects test, large business, market competition, market power