Coordinated Effects in Merger Clearance Assessments
Sydney and Melbourne, Australia
13 October 2010- 14 October 2010
Hosted By: NERA Economic Consulting
In an increasing number of recent merger decisions, the Australian Competition and Consumer Commission (ACCC) has cited the potential for "coordinated effects" to give rise to a substantial lessening of competition. Coordinated effects involve firms acting in concert so as to increase profits. This NERA colloquium -- held in our Sydney office on 13 October 2010 and in our Melbourne office on 14 October -- presented economic and legal perspectives on the growing prominence of coordinated effects in clearance assessments and what this means for firms and their advisors. Speakers included Barrister Dr. Declan Roche of Banco Chambers and ACCC Commissioner Dr. Jill E. Walker. NERA Director Greg Houston moderated the discussion
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