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Australian Cartel Regulation: Law, Policy and Practice in an International Context


ISBN13: 9780521760898
Published: May 2011
Publisher: Cambridge University Press
Country of Publication: Australia
Format: Hardback
Price: £175.00



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Cartel regulation is a prime element of competition policy and an essential means of minimising the adverse effects of cartel activity on economic welfare. However, effective cartel regulation poses distinct challenges for governments, competition authorities and commentators across the globe. In Australian Cartel Regulation, leading competition law experts Caron Beaton-Wells and Brent Fisse reflect on developments in anti-cartel law in Australia over the last 30 years. They provide a comprehensive account of the current law on cartels as well as discussing key issues that may arise in the future. This definitive volume not only identifies the practical and theoretical issues, but also recommends workable solutions, and does so with the benefit of comparative analysis of the anti-cartel laws of major overseas jurisdictions. Many of the issues identified and discussed in Australian Cartel Regulation are common to any scheme designed to regulate cartel conduct.

Subjects:
Competition Law, Other Jurisdictions , Australia
Contents:
1. Introduction
2. The legal framework governing cartel conduct
3. Collusion (contracts, arrangements and understandings)
4. Cartel and other provisions
5. Fault elements of the cartel offences
6. Individual liability
7. Corporate liability
8. Exceptions
9. Enforcement policy
10. Immunity and cooperation policies
11. Sanctions
12. Compliance and liability control
13. Conclusion.