The Australian Competition and Consumer Commission (ACCC) Publishes Guide to Sustainability Collaboration for Businesses

On December 18, 2024, the Australian Competition and Consumer Commission (ACCC) released a guide titled "Sustainability collaborations and Australian competition law." The guide is designed to assist companies and other organizations considering collaborations to achieve a sustainable society. It outlines situations where Australian competition law may pose barriers to such collaborations. The guide indicates that ACCC authorization is appropriate when the public benefits of these collaborations outweigh the detriments. The guidance includes a five-step checklist to evaluate whether a proposed collaboration might violate Australian competition law. The ACCC also released a "quick guide" to help companies quickly assess competition law risks and ACCC authorization options.