Australia’s shift to a mandatory merger control regime has reached another milestone with the Government introducing the proposed laws into Parliament on 10 October 2024. If enacted, notifiable transactions that trigger...more
On Friday 30 August 2024 the Australian Government released its much-anticipated proposed mandatory merger notification thresholds, marking a significant milestone in Australia’s shift to a mandatory merger regime.
The...more
On July 24 2024, the Australian Federal Government released its long-awaited exposure draft legislation to amend Australia's current informal merger clearance process to a mandatory merger control regime (Exposure Draft)...more
As we move into the second half of 2024, the competition law landscape across the Asia-Pacific region continues to shift towards tighter regulation and increased enforcement. Faced with the intricate challenges of modern...more
7/30/2024
/ Antitrust Provisions ,
Asia Pacific ,
Australia ,
Cartels ,
China ,
Competition ,
Enforcement ,
Hong Kong ,
Japan ,
Merger Controls ,
New Legislation ,
Philippines ,
Popular ,
Regulatory Agenda ,
South Korea ,
Taiwan ,
Technology Sector
Voluntary AI Ethics Principles guide responsible AI development in Australia, with potential reforms under consideration.
Laws/Regulations directly regulating AI (the “AI Regulations”)
Australia has not yet enacted any...more
Australia's Federal Treasurer, Jim Chalmers, has announced major changes to Australia's foreign investment regime designed to safeguard economic and national security. Overseas investors with a proven track are set to benefit...more
The Australian Treasurer has announced the introduction of a mandatory suspensory merger control regime to come into effect on 1 January 2026. The reforms introduce significant procedural changes, limited appeal rights and...more
Gina Cass-Gottlieb, Chair of the Australian Competition and Consumer Commission (ACCC), this week announced the ACCC's 2024-25 Compliance and Enforcement Priorities.1 The ACCC's priorities continue to be shaped by the key...more
The Australian Government has commenced consultation on options to reform Australia's merger regime, including a shift to a mandatory suspensory regime. Businesses have until 19 January 2024 to respond to the consultation....more
The Competition Review announced by the Australian Government on 23 August 2023 is well underway. A Competition Taskforce has been established, with the scope of the Review broad - extending beyond the current competition...more
White & Case Global Antitrust Merger StatPak (WAMS)—the first real-time clearinghouse for global merger notification data—has analyzed merger notifications in reporting jurisdictions around the first half of calendar year...more
9/28/2023
/ Acquisitions ,
Competition ,
Competition Authorities ,
EU ,
Global Dealmaking ,
Merger Controls ,
Mergers ,
OECD ,
Popular ,
Pre-Merger Filing Requirements ,
UK
...We round out our series with a summary of several developments around the world that focus on the adequacy of the various jurisdictions' laws in addressing the opportunities and risks arising from generative AI....more
9/22/2023
/ Anti-Discrimination Policies ,
Artificial Intelligence ,
Authorship ,
Copyright ,
Copyright Infringement ,
Copyright Office ,
Google ,
Inter Partes Review (IPR) Proceeding ,
Machine Learning ,
Patent Applications ,
Patents ,
Risk Assessment ,
Training ,
USPTO
In this edition, key themes include creators and consumers seeking more control and protection over how their content is used to train AI models (whether under copyright law or privacy laws), and governments grappling with...more
8/31/2023
/ Advertising ,
Algorithms ,
Arbitration ,
Artificial Intelligence ,
Authorship ,
Automated Decision Systems (ADS) ,
Bias ,
Biometric Information Privacy Act ,
China ,
Class Action ,
Consumer Financial Protection Bureau (CFPB) ,
Copyright ,
Copyright Office ,
Copyright Registration ,
Employment Discrimination ,
Equal Employment Opportunity Commission (EEOC) ,
Federal Election Commission (FEC) ,
Intellectual Property Protection ,
Machine Learning ,
Motion to Compel ,
Personally Identifiable Information ,
Privacy Laws ,
South Korea ,
Target ,
Terms of Service ,
Zoom®
Welcome to the third edition of our AI Legal News Summer Roundup! After five class actions were filed between June 28 and July 11 (as reported on in our first edition of this series), on July 21, another class action lawsuit...more
8/10/2023
/ Artificial Intelligence ,
Australia ,
Automated Decision Systems (ADS) ,
Broker-Dealer ,
Class Action ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Data Security ,
Deep Fake ,
Emerging Technologies ,
EU ,
France ,
Germany ,
Intellectual Property Litigation ,
Intellectual Property Protection ,
Internet ,
Investment Adviser ,
Legislative Agendas ,
Microsoft ,
Patent Infringement ,
Popular ,
Privacy Laws ,
Proposed Legislation ,
Proposed Rules ,
Regulatory Oversight ,
Risk Factors ,
Securities and Exchange Commission (SEC) ,
South Korea ,
Technology Sector ,
UK ,
Web Browsers
Welcome to the first edition of our AI Legal News Summer Roundup! With both the temperature and artificial intelligence developments heating up, the time is ripe to provide periodic updates this summer on recent legal...more
7/20/2023
/ Artificial Intelligence ,
Australia ,
China ,
Competition ,
Data Privacy ,
Data Security ,
Data Transfers ,
Federal Trade Commission (FTC) ,
Infrastructure ,
Intellectual Property Protection ,
Investment ,
Investors ,
Japan ,
New Rules ,
Singapore ,
Technology Sector ,
UK
As we shift towards a carbon neutral economy, businesses are increasingly using environmental claims as a point of differentiation. Any representations made, including to consumers, other businesses or investors, must be...more
On 26 April 2023, the Australian Federal Government published its proposed Mandatory Code of Conduct for the supply of wholesale gas in the East Coast Gas Market. The draft Code continues the existing $12/GJ price cap...more
Competition law in Australia continues to evolve. Through an address to the National Press Club,1 the Chair of the Australian Competition and Consumer Commission (ACCC) has released its proposal to Government for a new...more
Many Australian businesses have determined the upcoming changes to the unfair contracts regime to be a low risk on the basis that they do not deal directly with consumers or that the businesses they deal with are not...more
The Australian Competition and Consumer Commission (ACCC) announced its 2023-24 Compliance and Enforcement Priorities this week.1 The priorities are weighted towards protecting consumers in a year characterised by...more
Foreign direct investment (FDI) accounted for $36.6 billion of investments in Australia in 2021. With prominent levels of M&A activity, private equity and investment funds are increasingly in the spotlight from antitrust...more
The ACCC’s remit is diverse and extensive. The breadth of work undertaken by the Australian Competition and Consumer Commission (ACCC) and an insight into in the competition regulator's focus for the year ahead was...more
Australia, Brazil, Saudi Arabia, and Turkey See Significant Surge in Merger Filing Activity; US and EU Merger Filing Activity is Down Compared to 2021's Record Levels, But Still Above Historical Levels -
White & Case...more
12/20/2022
/ Acquisitions ,
Antitrust Division ,
Australia ,
Biden Administration ,
Brazil ,
Competition ,
EU ,
EU Horizontal Safeguard Regulation (HSR) ,
European Commission ,
Investigations ,
Merger Controls ,
Mergers ,
Pre-Merger Filing Requirements ,
Russia ,
Saudi Arabia ,
Turkey ,
Ukraine
Maximum civil penalties for competition and consumer law breaches by companies and individuals are set to increase in Australia following the passing of the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022....more