LAWS1100 Study Guide - Final Guide: Resale Price Maintenance, Competition Law, Solidarity Action
Document Summary
Consumer act 2010 (cth) (cca): objective of part iv is to prohibit certain trade practices that have effect of substantially lessening competition in marketplace in order to promote competition in australian industry. Accc and policy: competition in australia is regulated by the accc under part iv of the cca, the cca is enforced by the australian competition and commission (accc), breaches of the cca can be prosecuted by the accc. However, the accc can authorise: agreements that will lessen competition, price fixing, boycotts, exclusive dealing, resale price maintenance; and. If it is of the view that the benefits to the public outweigh the detriment to the public caused by the conduct. However, accc cannot authorise a misuse of market power. Note: the party needs to apply to the accc to get authorisation. A business can notify the accc of proposed exclusive dealing conduct and gain automatic immunity from legal proceedings: cca s93.
