| Description |
xx, 298 pages ; 24 cm |
| Series |
Hart studies in competition law ; volume 22 |
|
Hart studies in competition law ; v. 22
|
| Summary |
Australian competition law has just emerged from a significant period of reform which has seen controversial changes to the legal test to distinguish between normal competitive conduct and conduct that should be condemned. The controversy continues, arguably because the traditional legal conception of market power does not provide a useful standard in real world markets. This important new book offers a radical interpretation of market power, based on the power to manipulate. Seeing it in this way allows for positive and normative standards within which to frame a legal theory of liability for misuse of that power. The book provides suggestions to improve the forensic assessment of conduct that should be condemned as misuse of market power. |
| Contents |
Introduction -- Market power in economics and law -- The mischief and Australia's institutional response -- Competition and efficiency effects in Europe, North America and Australia -- Refusal to deal and margin squeeze -- Predatory pricing -- Meeting competition -- Raising rivals' costs -- Bundling -- Institutional and procedural implications -- Findings and recommendations |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Competition -- Law and legislation -- Australia
|
|
Antitrust law -- Australia.
|
|
Industrial concentration
|
| LC no. |
2018057167 |
| ISBN |
9781509928071 hardcover alkaline paper |
|
1509928073 hardcover alkaline paper |
|
