ECC4700

Restrictive trade practices

(BUS)

Professor Peter Forsyth

7 points + Two 1.5 hour lectures/seminars per week + First semester + Clayton

Synopsis: What do we mean by 'competition', 'market' and by 'misuse of market power?' What kinds of public benefits might be associated with such practices as merger, collusive agreements, exclusive dealing? The focus of the seminar is on the economic background to and operation of the Trade Practices Act but the issues selected for discussion are those posed by most systems of legislative control of monopolies and restrictive practices.

Assessment: Written work: 30% + Examination (3 hours): 70%