The Turnbull Government has released its response to the Competition Policy Review (‘the Harper Review’), accepting in full or in principle 39 of the 56 recommendations and partly accepting a further five, while pushing the controversial recommendations to change the law on companies abusing their market power and on liberalising pharmacy ownership rules to further reviews, and expressing reservations about a number of other recommendations.
Highlights from the report are as follows, some of which are good and some bad.
