The following Competition guidance note Produced in partnership with King & Wood Mallesons provides comprehensive and up to date legal information covering:
A conversation with Sharon Henrick, Partner and Head - Competition Law and Regulatory - Australia in the Sydney office of international law firm King & Wood Mallesons, on key issues on merger control in Australia.
NOTE–to see whether notification thresholds in Australia and throughout the world are met, see Where to Notify.
The key recent are summarised below.
The Australian Competition and Consumer Commission’s case against Pacific National and Aurizon
In July 2018, the Australian Competition and Consumer Commission (ACCC) commenced civil proceedings in the Federal Court of Australia against Aurizon and Pacific National alleging they reached a number of understandings that had the purpose and likely effect of substantially lessening competition in a market.
The trial judge found against the ACCC. The ACCC has appealed the decision at first instance to the Full Court of the Federal Court. The Full Court is expected to hear the application in the first half of 2020.
The alleged understandings between Aurizon and Pacific National relate to Aurizon’s decision to exit its loss-making intermodal (rail and road) business through a combination of selling and decommissioning assets and entering into an operating agreement.
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.