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AAP
AAP
Politics
Poppy Johnston

ACCC warns of higher prices without right merger reform

ACC Chair Gina Cass-Gottlieb says Australia's economy is being impacted by weakened competition. (Lukas Coch/AAP PHOTOS)

Australians could be stuck paying more for goods and services if upcoming merger reforms do not go far enough to stamp out anti-competitive deals. 

The consumer watchdog has been pushing for tougher rules to stop companies from joining forces if there's a risk they will gain too much market power and has now warned that two of Treasury's proposed models for fixing the problem are not up to scratch.

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