Second Reading Speeches

Trade Practices Amendment (Material Lessening of Competition—Richmond Amendment) Bill 2009

Type
Private
Sponsor(s)
XENOPHON, Sen Nick
Originating house
Senate
Status
Not Proceeding
Parliament no
42

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Summary

Amends the

Trade Practices Act 1974
to prevent corporations from directly or indirectly merging with or acquiring an asset which would result in material lessening of competition in the relevant market.