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Tip top result goes stale: ACCC-v- Australian Safeway Stores Pty Ltd(No 2)

journal contribution
posted on 2002-01-01, 00:00 authored by Samuel Carmichael
Bread, its constituents, its methods of manufacture and its price and availability to consumers can claim to be the leitmotiv of competition law, both ancient and modern. The inelasticity of demand for such a staple food explains laws against monopolies being included in the eighteenth century BC Code of Hammurabi, why corn laws exercised the minds of the Gracchi brothers in second century B.C. Rome, and why ineffective regulation of the price of bread was seen as an important precipitator of revolutions in Europe in the eighteenth and nineteenth centuries. In the common law the early restraint of trade case, Mitchell v Reynolds saw a parish wide five year non-competition clause in a contract for the sale of a bakery upheld as reasonable. In the post-Shennan Anti-Trust Act (1890) United States, attempts by manufacturers of macaroni to change its constituents because of the prevailing high price of durm wheat were held in National Macaroni Manufacturers Association v FCT) to constitute price-fixing, an offence illegal per se under American anti-trust law.

History

Journal

Deakin law review

Volume

7

Issue

2

Pagination

387 - 407

Publisher

School of Law, Deakin University

Location

Geelong, Vic.

ISSN

1321-3660

Language

eng

Publication classification

C1 Refereed article in a scholarly journal

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