Startups worried ACCC’s proposed merger law changes could halt investment
As the dust settles on the debate surrounding the Australian competition regulator’s 378-page preliminary report into digital platforms Google and Facebook, founders are nervous that any changes to merger laws could limit their exit options.
The first preliminary recommendation of the Australian Competition and Consumer Commission proposed changing merger laws to take into account the removal of a potential competitor, as well as the amount and nature of data which the acquirer would likely gain.
Read more at the Financial Review.