Discription

The Eighth Edition of Corones’ Competition Law in Australia provides a clear and comprehensive discussion of the competition and access provisions of the Competition and Consumer Act 2010 (Cth). It covers horizontal and vertical restraints, misuse of market power, mergers, as well as access to essential services and infrastructure. The text explains the statutory provisions and provides an accessible discussion of the economic tools and concepts used in competition decision-making. It also describes the evolution of the statutory text and the approach of the courts and agencies in interpreting and applying the key provisions. The Eighth Edition has been comprehensively re-written by a new author, Professor Yane Svetiev from The University of Sydney Law School, and includes: - A re-worked introduction which places the role of competition and competition law in the broader political and economic context. It charts the changing role of competition as a disciplining mechanism in the Australian economy and evaluates the recent push for a more assertive competition law overseas and in Australia. - A substantial revision and restructuring of all key chapters, including those on economic concepts, cartels, exclusive dealing, unilateral conduct and mergers to focus them on the current text of the statutory provisions. The discussion of existing caselaw has been situated in the context of the current statutory language, with the author providing critical commentary on the likely and appropriate interpretation. - A re-ordering of chapters to allow an incremental understanding of key forms of anti-competitive conduct, with increased cross-referencing within and across chapters to make the text more user-friendly. - The addition of a “Comments and Discussion” section for all key substantive chapters to highlight the main contentious issues in the interpretation and application of the relevant provisions, as well as to chart potential future developments including in digital markets. - Coverage of new statutory and caselaw developments while reducing the overall length of each chapter. It incorporates accessible explanations of new cases with complex fact patterns, such as Vodafone, Pacific National, NSW Ports, Port of Newcastle, TasPorts as well as the criminal cartel cases, such as Country Care and ANZ.