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Australian treasury’s 2-year competition taskforce kicks off to tackle productivity gains

On 23 August 2023, the Australian Treasurer, Dr Jim Chalmers MP and the Assistant Minister for Competition, Charities and Treasury and Assistant Minister for Employment, Dr Andrew Leigh MP, issued a joint media release in relation to the establishment of a Competition Taskforce (Taskforce) to review Australian competition laws, policies and institutions.  The Taskforce is charged with seeking to ensure these remain fit for purpose, with a focus on reforms that would increase productivity, reduce the cost of living and boost wages.

13 March 2024

50 years on: evolution in australian competition and consumer protection law

On the 50th anniversary of the commencement of federal regulation of competition and consumer law in Australia, there is an open question as to whether the Government will miss the opportunity to implement necessary changes to that regulatory regime to address unique issues arising from challenges created in the digital services sector, where a small number of digital platforms are dominant across a wide range of different services.

13 March 2024

Meta & australia’s news media bargaining code

On 29 February 2024 Meta announced it would turn off Facebook News on its ubiquitous social media site in Australia and that it would not be renewing deals with Australian media businesses, put in place three years ago, to pay those businesses for their news content.  The Australian Government has reacted strongly to Meta’s announcements.  The core question is:  can Australia’s regulation force Meta to pay for news content?

13 March 2024

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