Australia's radical predatory pricing reforms : what business must know

Clarke, Julie 2009, Australia's radical predatory pricing reforms : what business must know, Competition law reports, vol. 1, no. 2, pp. 86-92.

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Title Australia's radical predatory pricing reforms : what business must know
Author(s) Clarke, Julie
Journal name Competition law reports
Volume number 1
Issue number 2
Start page 86
End page 92
Total pages 7
Publisher Manupatra
Place of publication New Delhi, India
Publication date 2009-04
Summary Radical changes to the Trade Practices Act have the potential to affect significantly, the ability of businesses to engage in vigorous price competition. These changes are designed to prohibit what is colloquially referred to as predatory pricing; the practice of a firm temporarily reducing its prices to a level designed to eliminate its competitors so that, free of competition, it can thereafter, lift them to supra-competitive levels. Unfortunately, because of its scope and the ambiguous new concepts it employs, the section has the potential to apply to all forms of vigorous.price competition and creates significant risks for those businesses to compete with their rivals by systematically, or irregularly, selling at lower prices than they do. This note examines the section's nature and scope and identifies the pitfalls that it presents for such firms.
Language eng
Field of Research 180105 Commercial and Contract Law
Socio Economic Objective 949999 Law, Politics and Community Services not elsewhere classified
HERDC Research category CN Other journal article
HERDC collection year 2009
Copyright notice ©2009, Manupatra
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