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Misuse of market power : rationale and reform

Author: Katharine Kemp
Publisher: Cambridge, United Kingdom ; New York, NY, USA : Cambridge University Press, 2018.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"Laws prohibiting unilateral anticompetitive conduct have been the subject of vigorous international debate for decades, as policymakers, antitrust scholars and agencies continue to disagree over how best to regulate the market conduct of a single firm with substantial market power. Katharine Kemp describes the controversy over Australia's misuse of market power laws in recent years, which mirrored the international  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Kemp, Katharine, 1975-
Misuse of market power.
Cambridge, United Kingdom ; New York, NY, USA : Cambridge University Press, 2018
(DLC) 2018006328
(OCoLC)1013732033
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Katharine Kemp
ISBN: 9781316886946 1316886948 9781316882566 131688256X
OCLC Number: 1038265600
Notes: Based on author's thesis (doctoral - University of New South Wales Faculty of Law, 2016).
Description: 1 online resource.
Contents: Cover; Half-title; Title page; Copyright information; Table of contents; List of Tables; Foreword; Acknowledgements; List of Abbreviations; 1 Introduction; I Introduction to the Unilateral Conduct Debate; II Objectives, Scope and Methodology; III Background to the Unilateral Conduct Debate; A The International Context; B The United States; C The European Union; IV Background to the Misuse of Market Power Debate in Australia; V Outline of Research Methodologies; A Comparative Analysis; B Evaluation of Laws: Error Cost Analysis; VI Outline of the Book 2 Unilateral Conduct Laws: Origins, Objectives and TheoryI Introduction; II The Origins of Unilateral Conduct Laws; A Introduction; B Formal Monopolies: Revenue and Resentment; C Laws in Respect of Formal Markets; D Common Law on Contracts in Restraint of Trade; E The Free Market and Laissez-Faire; F Nineteenth-Century Large Enterprise and the US Sherman Act; G Unilateral Conduct Laws in Other Countries; III The Objectives of Unilateral Conduct Laws; A Introduction; B Protection of the Competitive Process; C Political Freedom; D Economic Freedom; E Consumer Welfare and Economic Efficiency 1 Meaning of 'Consumer Welfare'2 Monopoly Pricing and Allocative Inefficiency; 3 Productive Inefficiency and 'X-Inefficiency'; 4 Dynamic Inefficiency; F The Protection of Competition Per Se; IV Possible Responses to the Threat Posed by Dominant Firms; V Prohibit Dominance Per Se; VI Do Nothing: Markets Are Self-Correcting; VII The Conduct Approach; VIII Unilateral Anticompetitive Conduct; IX Substantial Market Power Requirement; X Conclusion; 3 The History and Objectives of Unilateral Conduct Legislation in Australia; I Introduction II The History of Unilateral Conduct Legislation in AustraliaA The Australian Industries Preservation Act 1906; 1 An Australian Twist on an American Statute; 2 Enforcing the AIPA: The Coal Vend Case; Context and Facts in the Coal Vend Case.; The Decision at First Instance: Isaacs' Definition of 'Monopolization'.; The Appellate Decisions: The Need for Sinister Intent.; Differences in Approach: Consumer Welfare and Monopolization versus Total Welfare and Restraint of Trade.; 3 Strengthening the AIPA: 'A Weak Imitation of the Sherman Act'; 4 The Fossilization of the AIPA B Australia's Monopoly Problem and Sir Garfield Barwick's British ProposalC The Trade Practices Act 1965; D Sir Lionel Murphy's Australian-American Hybrid: The Trade Practices Act 1974; III The Legislative Design of Section 46 of the TPA and the 2017 Harper Amendments; A Introduction; B Purpose versus Effect Debate; 1 Senator Murphy's Concept: Proof of Effect, No Proof of Intent; 2 The Amendment and the Debate: Purpose or Effect; The 1976 Swanson Committee and 1977 'Purpose' Amendment.; The 1984 Green Paper and the 1986 'Substantial Market Power' Amendment.
Responsibility: Katharine Kemp, University of New South Wales.

Abstract:

Misuse of Market Power: Rationale and Reform is a highly relevant specialty text for scholars in competition law and economics, as well as competition law professionals who require it for their work  Read more...

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'Katharine Kemp's Misuse of Market Power is a powerful description and analysis of tests to identify unilateral conduct that harms the market and should be proscribed. Coming on the heels of Read more...

 
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