Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 13 : 17-Mar-16
The Federal Government has decided to introduce an "effects test" to competition law. The Business Council of Australia opposes the "effects test", but the new policy is supported by other organisations, including the Australian Chamber of Commerce & Industry, the Australian Competition & Consumer Commission and the Australian Industry Group. Wesfarmers CEO Richard Goyder expressed his disappointment with the decision at "The Australian Financial Review" Business Summit.
CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, BUSINESS COUNCIL OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, COLES GROUP LIMITED, WOOLWORTHS LIMITED – ASX WOW, BHP BILLITON LIMITED – ASX BHP, COUNCIL OF SMALL BUSINESS ORGANISATIONS OF AUSTRALIA LIMITED, AUSTRALIAN LABOR PARTY, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, THE AUSTRALIAN INDUSTRY GROUP