High Court rules on meaning of ‘Market in Australia’
The High Court has delivered its second competition law judgment this year (the first was Flight Centre), this time providing some important clarification to the meaning of ‘market in Australia’. The case revolved around allegations of price fixing in relation to air cargo and was decided by reference to Australia’s (now repealed) price fixing provision (replaced by new cartel laws in 2009). Despite the fact that the new cartel laws do not require that the market be ‘in Australia’, with…