Article ID Journal Published Year Pages File Type
5052900 Economic Analysis and Policy 2012 19 Pages PDF
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.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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