316-460 Advanced Restrictive Trade Practices

Economics honours students are not permitted to enrol in this subject. A quota applies to this subject.

316-313 Microeconomics or equivalent. Students may enrol in this subject only with the consent of both Ms F Hanks and the Head of the Department of Economics.

This subject is an in-depth study of those parts of the Trade Practices Act 1974 (Cth) that relate to restrictive trade practices. This is an interdisciplinary seminar which aims to integrate the relevant law of economics and to highlight important issues of business policy. Topics will include price fixing and other collusive agreements, misuse of market power, mergers, resale price maintenance, exclusive dealing, authorisation and exemption, enforcement and remedies. These are issues raised by most legislation to control monopolies and restrictive practices, and the subject aims to develop analytic skills which will be of continuing relevance whatever the amendments to the law.

A written report of 1500 words on an approved topic (40%); take-home examination (60%).