Undergraduate - UnitLAW5122 - Competition law

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

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Level	Undergraduate
Faculty	Faculty of Law
Offered	Clayton Second semester 2013 (Day)

Synopsis

The objectives of competition law. Background to the current competition provisions of the Trade Practices Act 1974 (Cth) and relevant State 'application' legislation. Administration of the act. Basic economic concepts of market, market power and competition. The prohibitions and related provisions contained in the competition provisions of the Trade Practices Act 1974 (Cth), namely the prohibitions against anti-competitive mergers and anti-competitive agreements. Misuse of market power. Exclusive dealing. Resale price maintenance. The provisions dealing with authorisation and notification of conduct which may otherwise be in breach of the act. Penalties and remedies.

Outcomes

Students completing this unit should:

have an appreciation of the competing schools of thought on the objectives of competition law
be able to assess the circumstances under which conduct may substantially lessen competition and have a basic understanding of the economic concepts which underlie the competition provisions of the Trade Practices Act 1974 (Cth) and relevant State 'application' legislation
have an understanding of the scope and content of the competition provisions of the Trade Practices Act 1974 (Cth) and relevant State 'application' legislation.

Assessment

Assignment (1500 words): 30% and examination (2 hours writing time plus 30 minutes reading and noting time): 70% OR examination (2 hours writing time plus 30 minutes reading and noting time): 100%

Chief examiner(s)

Associate Professor John Duns

Contact hours

Three hours of lectures per week

Prerequisites

LAW1100 or LAW1101 and LAW1102 or LAW1104

Prohibitions

LAW4125E