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Let's talk antitrust: Discussing recent cases and emerging competition issues
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
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Australia | Publication | May 2020
In welcome news for the private sector and local councils, the Queensland Government announced on 19 May 2020 the Queensland Economic Recovery Strategy: Unite and Recover for Queensland Jobs to underpin the Government’s additional support to reinvigorating the Queensland economy.
The focus: building jobs for Queenslanders. The keys to success: a further investment in the infrastructure pool and continuing to develop a close partnership between the public and private sectors.
In addition to existing funding for announced projects and programs, such as Works for Queensland and Building our Regions, the Palaszczuk Government’s announcements include the following:
Importantly, the Government has worked closely with key industry bodies, including Queensland Tourism Industry Council, to build a framework to encourage greater private and public partnership. This includes:
It is expected that the Queensland Government’s approach to financing the stimulus package will be outlined in more detail when the new Treasurer, Cameron Dick, provides his COVID-19 Fiscal and Economic Review in September this year.
Norton Rose Fulbright Australia looks forward to working with its government and private sector clients in pursuing the road map to COVID-19 recovery and delivering exciting projects and opportunities in Queensland.
The full media statement from Premier Annastacia Palaszczuk on the Economic Response Strategy is available here.
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Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Publication
After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
Publication
On 18 September 2023, the CMA published its Initial Report (Initial Report) on AI Foundation Models (FM), supplemented in April 2024 with the publication of its “Update Paper” focused on potential antitrust risks associated with FMs and a “Technical Update Report” providing more detail on the development on FMs (collectively the “Reports”). Below, we consider these CMA publications.
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