On 18 October 2017 the Competition and Consumer Amendment (Competition Policy Review) Bill 2017 (Bill) was passed by both houses at Federal level. This follows the enactment of another important piece of legislative amendment relating to Australian competition law on 23 August 2017, the Competition and Consumer Amendment (Misuse of Market Power) Bill 2017 (Cth).
The Bill will implement a number of proposals which were announced in the Australian Government Response to the Competition Policy Review in November 2015 (known as ‘The Harper Review’).