Twenty-first Colin Clark lecture: November 2011 - competition regulation in Australia: a report card

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Abstract

In this paper I present a 'report card' on the current state of Australia's competition laws, focusing on antitrust laws. I consider the three core antitrust provisions in the Australian Competition and Consumer Act (2010) - the laws against cartels, abuse of market power and anticompetitive mergers. In each of these areas, particularly cartels, I find that Australia's laws could be significantly improved. I also consider more innovative reforms to Australia's competition regulations, to improve the transparency of pricing and to reduce customer switching costs. I note that these reforms have been broadly successful.

Original languageEnglish
Pages (from-to)17-35
Number of pages19
JournalEconomic Analysis and Policy
Volume42
Issue number1
DOIs
Publication statusPublished - 2012

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