TAILIEUCHUNG - Lecture Fundamentals of business law (4th): Chapter 15 - Margaret L. Barron, Richard J.A. Fletcher

Chapter 15 - Restrictive trade practices. At the end of this chapter you should understand: the background to the passing of the Competition and Consumer Act 2010 (Cwlth) (CCA) and identify those responsible for its administration, the aims of the CCA, the definition of the terms ‘market’ and ‘competition’,. | This is the prescribed textbook for your course. Available NOW at your campus bookstore! 15- Copyright © 2000 McGraw-Hill Australia Restrictive trade practices Chapter 15 Objectives of Trade Practices Act 1974 (Cwlth) To improve industry efficiency To promote competition in the market To provide consumer protection 15- Copyright © 2000 McGraw-Hill Australia Constitutional basis AUSTRALIAN CONSTITUTION S51 Allows laws made with respect to corporations, trade and commerce Trade Practices Act 1974 (Cwlth) Competition Policy Reform Act 1995 (Cwlth) 15- Copyright © 2000 McGraw-Hill Australia Administration of the legislation Australian Competition and Consumer Commission (ACCC) Responsibility for bringing proceedings for contravention of restrictive trade practices provisions Grants authorisations, permitting conduct that might otherwise be in breach of the Act General research, public information and guidance role 15- Copyright © 2000 McGraw-Hill Australia Administration of the legislation HIGH COURT FEDERAL COURT AUSTRALIAN COMPETITION • Contravention of TRIBUNAL restrictive trade practices • Appeals against decisions authorisation INDIVIDUAL AUSTRALIAN COMPETITION ACTION AND CONSUMER COMMISSION (ACCC may intervene • Administers the Act if in public interest) • Brings action against those that contravene the Act 15- Copyright © 2000 McGraw-Hill Australia Definitions Market - Includes all sellers competing for the same buyers. Competition - Is a mechanism that ensures consumer needs are provided at cheapest costs by businesses through control of the use of society’s resources. 15- Copyright © 2000 McGraw-Hill Australia Trade Practices Act (TPA) Part IV Section 45: Agreements or covenants Section 46: Monopolies Section 47: Exclusive dealing Section 48: Resale price maintenance 15- Copyright © 2000 McGraw-Hill Australia Trade Practices Act (continued) Part IVA Section 51AA: Unconscionable conduct Part V Section 52: Misleading and deceptive .

• Kinh tế học
• Restrictive trade practices
• Business law
• Fundamentals of business law
• Contract law
• Consumer law
• Marketing law
• Legal system
• Luật Kinh doanh
• Lecture Fundamentals of Business Law
• The law of torts
• Law of marketing
• Advertising Law
• Property law
• Insurance law
• Joint venture law
• Bankruptcy law
• Employment Law
• Workplace relations law
• Statute based law