Glossary

 

Terms and abbreviations

ACCC - Australian Competition and Consumer Commission

ACT - Australian Competition Tribunal

ASIC - Australian Securities and Investment Commission

AER - Australian Energy Regulator

Authorisation - process of authorising conduct otherwise prohibited as anti-competitive

Birdsville Amendment - reference to s 46(1AA) as inserted by the Trade Practices Legislation Amendment Act 2007

Cartel - agreements between competitors

CCA - Competition and Consumer Act 2010

CDPP - Commonwealth Director of Public Prosecution

Competition- process of rivalry

Dawson Report - Reference to Dawson Review 2003

DLC - Dual Listed Company (see s 49)

DOJ - Department of Justice (US)

ED - Exclusive Dealing

Federal Court - of Australia; has exclusive jurisdiction over Part IV claims

FTC - Federal Trade Commission (US)

Griffiths Report - Reference to Griffiths Committee Report 1989

Hilmer Report - Reference to National Competition Policy Review 1993

ICN - International Competition Network

Market - Field of ravalry between firms in which there is substitution in response to changing prices

Merger - see Merger page

NCC - National Competition Council

OECD - Organisation for Economic Co-operation and Development

PC - Productivity Commission

RPM - Resale Price Maintenance (vertical price fixing)

SLC - Substantial Lessening of Competition

TPC - Trade Practices Commission (now ACCC)

TPA - Trade Practices Act 1974 (since 1 Jan 2011, the Competition and Consumer Act 2010)