Corones' Competition Law in Australia 7th ed

Corones’ Competition Law in Australia, 7th edition, provides a comprehensive discussion of the provisions of the Competition and Consumer Act 2010 (Cth) (CCA) dealing with the regulation of competition and markets in Australia.

This book covers disparate topics, such as restrictions in horizontal and vertical agreements, mergers and acquisitions, misuse of market power, and access to services necessary to compete in upstream or downstream markets. The unifying theme of this text is that it is not possible to use a formalistic approach in applying the CCA.

The decisions of the courts, and the competition authorities responsible for implementing and enforcing the CCA, underline the need to undertake a detailed substantive economic analysis of the effect of the agreement or conduct at issue on competition, efficiency and consumer welfare.

The new edition will include the following:

• A comprehensive review of changes introduced by the Competition and Consumer Amendment (Competition Policy Reform) Act 2017 (Cth) at the recommendation of the Harper Committee.
• A discussion of key recent cases and determinations of the ACCC and Tribunal
• A more detailed discussion of the extraterritorial reach of the competition prohibitions (Chapter 4);
• An update of the cartel chapter to reflect renumbering and include a discussion of recent criminal cartel actions;
• A new chapter that discusses the prohibition in ss 45(1)(a) and (b), the newly introduced prohibition against concerted practices as well as the prohibitions against secondary boycotts and dual-listed company arrangements. This chapter also contains a detailed examination of the anti-overlap provisions;
• A rewrite of the misuse of market power chapter to reflect the significant changes made to this provision;
• A new chapter devoted to the administrative procedures of authorisation and notification, re-written to reflect amendments designed to simplify the processes (Chapter 15).