Australian gun-jumping lawsuits highlight risks of dramatic, pre-deal business decisions
18 February 2019 00:00
Duration: 24:05
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.
Related Articles
-
The 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.
-
Introducing 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.
Editorial Team
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more