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Australian gun-jumping lawsuits highlight risks of dramatic, pre-deal business decisions
18 February 2019 00:00
A landmark gun-jumping case in Australia has focused attention on the risk faced by companies entering into agreements ahead of a merger or acquisition. The lawsuit has also reignited concerns about how light penalties could hinder the deterrence of antitrust laws. Meanwhile, in New Zealand the planned revamp of privacy laws has prompted soul-searching about the “right to be forgotten,” with European court cases having an impact on policy discussion in the Southern Hemisphere.
14 February 2019 00:00 by James PanichiThe penalty imposed on Australian biomedical company Cryosite in the country’s first-ever case involving gun-jumping cartel offenses could have been 30 times higher, according to a court document that also points to the judge’s ongoing concerns that the small fine would affect its value as a deterrent.
12 February 2019 00:00 by Laurel HenningIntroducing a “right to erasure” as part of privacy-law changes in New Zealand would fundamentally change the public’s access to accurate information, an industry group including Amazon.com, Facebook and Google has told the country's parliament.