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Corrs In Brief: Predatory Pricing Prohibtion14 September 2007
The Treasurer has accepted radical changes suggested by Nationals Senator Barnaby Joyce to the Government's proposed amendments to the prohibition on the misuse of market power in section 46 of the Trade Practices Act 1974 (Act).
The changes propose the introduction of a new provision that would prohibit a corporation with a “substantial share of a market” from pricing its products or services below cost for an anticompetitive purpose.
For a full copy of this document, please download the attached PDF using the link on the right.
This article provides information about topical legal issues.
Information contained in this article is intended as an introduction only
and should not be relied on in place of legal advice.
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