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How merger control enforcement may evolve in 2021
By Jerome Doraisamy|15 March 2021
After a tumultuous 2020, one global law firm expects this year to see “significant change” to merger control policy and practices worldwide.
Global law firm Allen & Overy has released its
Global Trends in Merger Control Enforcement report, examining merger control activity in the past year across 26 jurisdictions.
The report found that – among other things – globally, antitrust authorities have continued to frustrate deals and that new and tougher foreign investment controls have increased obstacles to deals.
Speaking about the Australian experience, A&O partner Peter McDonald (pictured) – who co-authored the report – said that the nation has seen an “eventful year” in merger control enforcement and into the early months of 2021, with two major court losses for the ACCC and two bids abandoned.