Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5052900 | Economic Analysis and Policy | 2012 | 19 Pages |
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
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Economics and Econometrics
Authors
Stephen P. King,