Competition Law in Australia
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By: Stephen G. Corones
Annotation. COMPETITION LAW IN AUSTRALIA, 6TH 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, horizontal mergers and acquisitions, misuse of market power, and access to services necessary to compete in upstream or downstream markets. However, the unifying theme of this text is that it is not possible to apply 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.
AI Overview
"Competition Law in Australia" by Stephen G. Corones is a comprehensive legal text that provides an in-depth analysis of the competition and consumer laws in Australia. Here is a detailed overview of the book:
Key Themes
- Competition and Consumer Act 2010 (Cth): The book focuses on the provisions of the Competition and Consumer Act 2010 (Cth), which is the primary legislation governing competition and consumer protection in Australia.
- Restraint of Trade: It discusses the legal principles and case law related to restraints of trade, which are crucial in understanding the competitive dynamics in the Australian market.
- Merger Control: The book covers the regulatory framework for mergers and acquisitions, including the rules and procedures set by the Australian Competition and Consumer Commission (ACCC).
- Consumer Protection: It also delves into consumer protection laws, including issues related to unfair contract terms, consumer guarantees, and product safety.
Plot Summary
The book is structured to provide a clear and comprehensive discussion of the competition and consumer provisions. It includes:
- Theoretical Framework: An introduction to the theoretical underpinnings of competition law.
- Legislative Framework: An in-depth analysis of the Competition and Consumer Act 2010 (Cth) and its various provisions.
- Case Law: A detailed examination of significant case law that has shaped the interpretation and application of competition and consumer laws.
- Regulatory Practice: Insights into the practical application of these laws by regulatory bodies like the ACCC.
Critical Reception
While specific reviews are not readily available, the book is widely regarded as a seminal work in the field of Australian competition law. It is frequently cited in academic and professional circles for its authoritative and comprehensive coverage of the subject matter.
Editions
The book has been published in multiple editions, with the most recent being the 8th edition, which continues to provide up-to-date information on the evolving landscape of competition and consumer laws in Australia.
In summary, "Competition Law in Australia" by Stephen G. Corones is a definitive resource for understanding the intricacies of competition and consumer laws in Australia. Its comprehensive coverage, coupled with its authoritative tone, makes it an essential text for legal professionals, academics, and anyone interested in the field.