TABL1710 Study Guide - Final Guide: Dual-Listed Company, Resale Price Maintenance, Solidarity Action

• School: UNSW, UNSW Sydney
• Department: Taxation and Business Law
• Course: TABL1710
• Professor: Helen Cosby

Document Summary

Chap 29: competition law: purpose of trade practices legislation is to promote competition and minimise scope for market dominance and manipulation by corporations, corporation includes foreign, financial or trading corporation as well as territorial corporation. Act to situation primarily involving interstate trade and companies. In those areas outside commonwealth jurisdiction, states/territories have passed legislation mirroring provisions of cca. Cca administrated primarily by australian competition and consumer commission (accc) and. Accc if proposed restriction results in benefit to public + benefit to public outweighs anti- competitive detriment. Executives from both companies met secretly in public places and also communicated via public phones to consult on price rises and colluded when negotiating quotes with customers. The association asked members to sign an agreement under which they committed to cull at least 10 per cent of their salmon stocks. This amounted to an agreement to restrict or limit the production of goods.