The Australian Competition and Consumer Commission (ACCC) has powers under the Trade Practices Act 1974 (Cwlth) to accept undertakings from industry participants interested in taking actions, such as mergers, that may potentially be anticompetitive. This paper analyses the role of undertakings,...

The Australian Competition and Consumer Commission has recently outlined proposed changes to Australia's merger clearance law and process. This paper analyses the ACCC's proposals. We conclude that:1. Overall, the current merger clearance process in Australia works very well. However, the ACCC...