Competition Law Reading Room
Competition Policy in Australia
OECD Reviews of Regulatory Reform
The forward notes that:
This report on Competition Policy in Australia analyses the institutional set-up and use of policy instruments in Australia. It also includes the country-specific policy recommendations developed by the OECD during the review process.
On the 'Birdsville Amendment'
This 'Birdsville amendment' (named after the remote pub in which it was supposedly penned) deviates from orthodox economic theory by adopting a threshold based on market share rather than market power, and removing the element of taking advantage (and thereby the requirement of showing a connection between the market share/power and the offending conduct). [at p 22]