On 27 March 2024, the Senate referred the Competition and Consumer Amendment (Divestiture Powers) Bill 2024 to the Select Committee on Supermarket Prices, to inquire and report by 7 May 2024.
Submissions Close: 12 April 2024
The Competition and Consumer Amendment (Divestiture Powers) Bill 2024 seeks to amend the Competition and Consumer Act 2010 to address circumstances where a corporation has, or is taken to have, a substantial degree of market power and has been found to have misused their market power under section 46 of the Act.
Chapter 8 of the final report into Supermarkets.