Monday, January 21, 2013
Posted by D. Daniel Sokol
Julie Clarke (Deakin Univ. Law) undertakes Fortune Telling: Australian Competition Law in 2013.
ABSTRACT: "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Predicting the path of Australian competition law in 2013 may be more difficult still. It is an election year in Australia and, if history is any guide, this will generate some populist political promises, frequently at odds with sound competition policy. Political debate is likely to focus on the need, or otherwise, for a major review of Australia's competition laws and see philippics over who's policies are most likely to support small business, or curtail the market power allegedly enjoyed by big supermarkets, banks, and petrol companies.