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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 868 |
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Third parties can appeal the decisions of the formal process and force an authorisation on companies thus drastically lengthening the time to complete a merger. Merger deals often collapse that would normally otherwise have been successful due to the time it takes to gain authorisation . Whilst the recommendation removes this malicious tactic for use by competitors it also makes the voice of vulnerable third parties unable to be heard by the tribunal...
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Merger deals often collapse that would normally otherwise have been successful due to the time it takes to gain authorisation . Whilst the recommendation removes this malicious tactic for use by competitors it also makes the voice of vulnerable third parties unable to be heard by the tribunal. The committee recommends that these parties give statements to the ACCC who will in turn ‘help’ the tribunal with its inquiries...
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