Written by Alex Bruce, “Australian Competition Law – 3rd Edition” is a thorough and up-to-date reference that investigates the legal framework that governs competition in Australia. Academics, students, legal practitioners, and policymakers who seek an in-depth understanding of Australian competition law will find this text useful.
The first part of the book provides an outline of the historical evolution and purposes of Australian competition law. Particular emphasis is placed on the role that the law plays in promoting economic efficiency and consumer welfare. It provides an analysis of important legislative provisions, such as the Competition and Consumer Act 2010 (Cth), as well as insights into enforcement organizations and the judicial system.
In the next chapters, we will examine some of the most important features of Australian competition law. They include themes such as the concept of the market, market power, and the evaluation of anti-competitive behavior in the marketplace. This book examines the illegality of business behaviors such as participating in a cartel, abusing one's position of market dominance, and entering into anti-competitive agreements. As illustrative examples, the book uses both case law precedents and enforcement actions.
In addition, the work discusses merger control, specifically looking at both the substantive criteria for evaluating proposed mergers as well as the procedural parts of regulatory monitoring. It investigates further the enforcement mechanisms and remedies that are available to address breaches of competition law. This includes the powers of the Australian Competition and Consumer Commission (ACCC) as well as the powers of the Federal Court.
This provides a complete overview of these interrelated fields by examining the interaction of competition law with intellectual property rights and consumer protection law. Also covered in this book is the junction of consumer protection law and intellectual property rights. In addition to this, it provides insights into worldwide perspectives on competition law, covering approaches taken by important nations as well as the difficulties associated with enforcing laws internationally.
In conclusion, “Australian Competition Law – 3rd Edition” by Alex Bruce is an extremely useful book that provides a comprehensive and up-to-date study of Australian competition law. It provides the reader with the tools necessary to traverse the complexity of competition law and understand the significance of competition law in the development of fair and efficient markets in Australia.
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