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Discussion Paper - Creeping Acquisitions


Monday, 1 September 2008

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The Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, Chris Bowen MP, released a discussion paper entitled 'Creeping Acquisitions'.

The purpose of this discussion paper is to serve as a basis for consultation in relation to the Government’s stated intention to consider the need for reform in relation to creeping acquisitions.

The term creeping acquisition’s refers to the acquisition of a number of individual assets or businesses over time that may collectively raise competition concerns, but which individually are unlikely to contravene section 50 of the Trade Practices Act 1974.

Interested parties are invited to submit comments on the implementation of a creeping acquisitions law, or any other matter in relation to the issue of creeping acquisitions.

Submission closing date: Friday, 10 October 2008.

Address written submissions to:

Scott Rogers
Competition and Consumer Policy Division
The Treasury
Langton Crescent

Email: Scott.Rogers@Treasury.gov.au

Fax: (02) 6263 3964

Documents Available:

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Discussion Paper - Creeping Acquisitions  40.36kb

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Discussion Paper - Creeping Acquisitions  18.88kb

Related Items:

Submissions: Discussion Paper - Creeping Acquisitions - 29/09/2008

Treasury received 23 submissions in response to the to the Discussion Paper - Creeping Acquisitions, 3 of which are confidential. The submissions that do not contain confidential material are listed below and are accessible by selecting the author.

The opinions expressed in the submissions are those of the authors and do not necessarily reflect the views of the Government or the Treasury.

Discussion Paper - Creeping Acquisitions - 1/09/2008
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