The Asia-Pacific Antitrust Review 2016

Papua New Guinea: Independent Consumer and Competition Commission

10 February 2016

The proposed amendment to pre-merger notification regime The Independent Consumer and Competition Commission (ICCC) is proposing amendment to its current pre-merger notification regime. Under the current Independent Consumer and Competition Commission Act 2002 (the ICCC Act), companies are under no legal obligation to notify the ICCC by applying for a clearance or an authorisation for an impending merger or acquisition.  Sections 81 and 82 of the ICCC Act are the relevant provisions relating to this voluntary regime.

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