Report

Competition and Consumer Amendment (Misuse of Market Power) Bill 2014

26 February 2015

© Commonwealth of Australia 2015
ISBN 978-1-76010-147-3

View the report as a single document - (PDF 852KB)

View the report as separate downloadable parts:

Senate Economics Legislation Committee (PDF 16KB)
Abbreviations (PDF 68KB)
Chapter 1 - Introduction (PDF 120KB)

Conduct of the inquiry
Structure of this report
Overview of the bill
Section 46 of the Competition and Consumer Act
Consideration of a divestiture power by other inquiries
Chapter 2 - Key issues (PDF 164KB)

Rationale for a general divestiture power
Key issue 1: How to divest the assets of an established company
Key issue 2: Would a divestiture power be a justified and proportionate response to a contravention?
Key issue 3: Are the proposed amendments the best remedy to perceived market issues?
Committee view
Dissenting Report by Senator Nick Xenophon - Competition laws – the butter knife needs to be replaced with a sword of Damocles (PDF 155KB)

Australia's retail sector
The case for reform
Additional Comments by Senator Canavan (PDF 151KB)
APPENDIX 1 - Submissions received (PDF 20KB)
APPENDIX 2 - Public hearing and witnesses (PDF 4KB)

Committee Secretariat contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540
economics.sen@aph.gov.au

About this inquiry

The bill proposes to amend the Competition and Consumer Act 2010 (the Act) to provide the court with the power to give directions to order a corporation to reduce its market share, where the corporation has been found to have contravened subsections 46(1) or 46(1AA) of the Act.



Past Public Hearings

02 Oct 2014: Canberra

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