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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
Tougher merger laws will boost competition and improve performance and productivityPasuwan/Shutterstock

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...

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