RIAA welcomes the ACCC consultation into draft guidance to clarify how the Australian competition law interacted with collaborations related to sustainability. RIAA submitted that the draft guidance would be improved by using ‘sustainability’ over ‘environmental’ as the focus of the guidance, to provide guidance and examples for institutional investors and to consider aligning with international developments on competition regulation, including with respect to class exemptions.
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RIAA welcomes the ACCC consultation into draft guidance to clarify how the Australian competition law interacted with collaborations related to sustainability. RIAA submitted that the draft guidance would be improved by using ‘sustainability’ over ‘environmental’ as the focus of the guidance, to provide guidance and examples for institutional investors and to consider aligning with international developments on competition regulation, including with respect to class exemptions.