Abstract

http://ssrn.com/abstract=1963040
 


 



Competition Regulation in Australia: A Report Card (The 2011 Colin Clark Lecture)


Stephen P. King


Monash University - Department of Economics; Economic Regulation Authority of Western Australia (ERA)

November 17, 2011


Abstract:     
In this paper I present a 'report card' on the current state of Australia’s competition laws, focusing on antitrust laws. I consider the three core antitrust provisions in the Australian Competition and Consumer Act (2010) – the laws against cartels, abuse of market power and anticompetitive mergers. In each of these areas, particularly cartels, I find that Australia’s laws could be significantly improved. I also consider more innovative reforms to Australia’s competition regulations, to improve the transparency of pricing and to reduce customer switching costs. I note that these reforms have been broadly successful.

Number of Pages in PDF File: 21

Keywords: competition regulation, antitrust, ATM reform, bank account portability, Colin Clark

JEL Classification: K21, L40

working papers series


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Date posted: November 22, 2011  

Suggested Citation

King, Stephen P., Competition Regulation in Australia: A Report Card (The 2011 Colin Clark Lecture) (November 17, 2011). Available at SSRN: http://ssrn.com/abstract=1963040 or http://dx.doi.org/10.2139/ssrn.1963040

Contact Information

Stephen Peter King (Contact Author)
Monash University - Department of Economics ( email )
Wellington Road
Victoria, 3145
Australia
Economic Regulation Authority of Western Australia (ERA) ( email )
197 St Georges Terrace
Perth, Western Australia 6000
Australia
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