Federal Court sheds new light on public benefit test in Tatts/Tabcorp merger appeal

The Federal Court's decision about the proposed Tabcorp/Tatts merger has provided significant clarification about the public benefit test for authorisations. This is timely in light of the legislation before the Senate that proposes to combine the Tribunal authorisation process with the formal ACCC merger clearance process.

Partner Jacqueline Downes and Lawyer Hanna Kaci look at the key lessons from the decision.