Statement from ACT | The App Association on the Australian Government’s Announced Merger Review Reform
Following the news on October 10 that the Australian Parliament introduced new legislation, the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024, ACT | The App Association issued the following statement: “For App Association members, acquisition is often a critical path for future growth,” said Morgan Reed, President of ACT | The App Association. “While we share the goals of creating an efficient and transparent process for mergers and acquisition (M&A) review in Australia, the App Association encourages the [...]
Statement from ACT | The App Association On the Federal Trade Commission’s Hart-Scott-Rodino Rule
In light of today’s announcement and the FTC release of its finalized rule on filing requirements under the Hart-Scott-Rodino (HSR) Act, ACT | The App Association’s President Morgan Reed issued the following statement: “Today, we are encouraged by the FTC’s decision to listen to the significant concerns voiced by small businesses, making meaningful changes to its original proposal,” said Morgan Reed, President of ACT | The App Association. “After meeting with over 50 App Association members in May, the finalized [...]
Temu Complicates the FTC’s Antitrust Case Against Amazon
In the global race to create the best curated online marketplace (COM), every week seems to bring fresh developments that complicate the picture for enforcers and policymakers. Lawsuits and regulatory proposals to eliminate or restrain the management functions of COMs, from retail storefronts to app stores, should account for ever-evolving realities. But often, these governmental juggernauts are too far down the tracks to slow down, and the officials driving the trains have no choice but to wave inconvenient developments away [...]
Statement from ACT | The App Association UK Country Manager Stephen Tulip regarding the UK Competition and Markets Authority (CMA)’s decision on Amazon’s £3 billion investment into Anthropic
Oct 2, 2024 — Today, ACT | The App Association released a statement from Stephen Tulip regarding the UK Competition and Markets Authority (CMA)’s decision on Amazon’s £3 billion investment into Anthropic: ‘Success for a startup or small business can take many forms, including partnerships or being acquired by a larger company with the resources and knowledge to improve the product and promote it to a wider audience. Regulatory interventions should be based on strong evidence demonstrating harm to competition. ‘We [...]
A Scroll Down Memory Lane: September 2024’s Member Mondays
ACT | The App Association’s members are at the forefront of innovation, leveraging technology to create meaningful solutions that drive positive change. Each month, we spotlight these trailblazing small businesses through our Member Monday series. Throughout September, or SEPstember as we like to call it, we introduced you to a sampling of our members who are connecting physical devices with software, showcasing how they continue to harness the power of technology for good. From addressing agricultural sustainability and healthcare innovation [...]