Current Issues in Competition Policy

Allan Fels

Australian Economic Review, 2015, vol. 48, issue 4, 410-416

Abstract: type="main" xml:lang="en">

This article reviews the politically most contentious recommendation of the Competition Policy Review Final Report. Section 46 of the Competition and Consumer Act 2010 (Cwlth), the abuse of market power provision, contains two additional requirements, compared to all other countries in the world, except New Zealand. To prove abuse of market power, it must be demonstrated that the behaviour had that purpose rather than simply having that effect. In addition, it must be proven that the firm with market power ‘took advantage’ of that power. The Final Report recommends removal of these two restrictions. The article also discusses the need to simplify the Act, which is far longer than comparable acts anywhere in the world. The Final Report also shortens drastically the provisions of section 46, giving it a sharper economic focus.

Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/ (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecr:v:48:y:2015:i:4:p:410-416

Ordering information: This journal article can be ordered from
https://ordering.onl ... 7-8462&ref=1467-8462

Access Statistics for this article

Australian Economic Review is currently edited by John de New, Viet Hoang Nguyen and Susan Méndez

More articles in Australian Economic Review from The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().