Tougher merger laws will boost competition and improve performance and productivity
- Written by Rod Sims, Professor in the practice of public policy and antitrust, Crawford School of Public Policy, Australian National University
Treasurer Jim Chalmers’ proposed changes to Australia’s merger laws represent important public policy reform.
This is because a market economy, based on companies and individuals pursuing their own interests, only works if those companies and individuals face sufficient competition.
Increasingly over the last 20 or so...