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Twenty-first Colin Clark Lecture: November 2011, Competition Regulation in Australia: A Report Card

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  • Stephen P. King

    (Department of Economics, Monash University, Melbourne, Australia)

Abstract

In this paper I present a ’report card’ on the current state of Australia’s competition laws, focusing on antitrust laws. I consider the three core antitrust provisions in the Australian Competition and Consumer Act (2010) – the laws against cartels, abuse of market power and anticompetitive mergers. In each of these areas, particularly cartels, I find that Australia’s laws could be significantly improved. I also consider more innovative reforms to Australia’s competition regulations, to improve the transparency of pricing and to reduce customer switching costs. I note that these reforms have been broadly successful.

Suggested Citation

  • Stephen P. King, 2012. "Twenty-first Colin Clark Lecture: November 2011, Competition Regulation in Australia: A Report Card," Economic Analysis and Policy, Elsevier, vol. 42(1), pages 17-35, March.
  • Handle: RePEc:eee:ecanpo:v:42:y:2012:i:1:p:17-35
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