The IP exemption is history

The IP exemption in s 51(3) of the Competition and Consumer Act has now been repealed. See Guidelines on the repeal of subsection 51(3) of the Competition and Consumer Act 2010 (Cth) (August 2019).

See also Lisa Huett and Scott Bouvier, 'Time's up for review of IP licensing arrangements' (King&Wood Mallesons, 10 September 2019), Jacqueline Downes, 'ACCC contemplates broader powers; new guidance on the IP exemption repeal; and the final word on foreign currency conversion services' (Allens >< Linklaters, 9 September 2019) and DLA Piper, 'Don't get caught out: Intellectual property arrangements will be susceptible to prosecution for anti-competitive conduct from 13 September 2019' (12 September 2019).