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Australian merger reviews won't 'fall into line' on clearing deals, top official warns

By Serafina Smith and Khushita Vasant ( September 16, 2022, 01:24 GMT | Insight) -- The Australian competition agency is “significantly disadvantaged” when merging parties strategize and pick some jurisdictions over others to notify their international transaction first, the chief of the agency said today, warning companies to notify their deals in Australia early. Speaking at an international conference, Australian Competition & Consumer Commission Chair Gina Cass-Gottlieb said she wants merging companies to “come to us at the same time or roughly at the same time as you come to other jurisdictions. ” The Australian competition agency is “significantly disadvantaged” when merging parties strategize and pick some jurisdictions over others to first notify their international transaction, the chief of the agency said today, warning companies to notify their deals in Australia early. . . .

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