Footnotes

Footnotes

Chapter 1 - Introduction

[1]        Associate Professor Frank Zumbo, Submission 14, p. 6.

[2]        Butterworths Encyclopaedic Australian Legal Dictionary

[3]        Treasury, Submission 15, p. 1. Treasury gives the figure of US$160 billion.

[4]        See Senate Economics References Committee, Report on Bank Mergers, September 2009, https://www.aph.gov.au/Senate/committee/economics_ctte/bank_mergers_08/report/report.pdf

[5]        See T. John and J. Davidson, Trade Practices Legislation Amendment Bill (no 1) 2005, Bills Digest, Parliamentary Library, no. 130, 2004–05.

[6]        Joint Select Committee on the Retailing Sector, 'Fair Market or Market Failure?', August 1999, p. 58.

[7]        Senate Economics Committee, The effectiveness of the Trade Practices Act in protecting small business, March 2008, p. xix. Section 81 currently enables divestiture where a merger contravenes section 50 or 50A.

[8]        Senate Economics Committee, Trade Practices (Creeping Acquisitions) Amendment Bill 2008, p. 9.

[9]        Senate Economics Committee, Trade Practices (Creeping Acquisitions) Amendment Bill 2008, August 2008, p. 11.

Chapter 2 - The Fares case

[1]        Second Reading Speech, 26 November 2009.

[2]        Mr William Fares, Proof Committee Hansard, 9 April 2010, p. 2.

[3]        Adelaide Now, 'Council approves Woolworths service station next door to independent', 5 May 2010, http://www.adelaidenow.com.au/news/south-australia/council-approves-woolworths-service-station-next-door-to-independent/story-e6frea83-1225853800089 (accessed 5 May 2010).

[4]        'Woolies fuel fight sparks cost warning', 10 April 2010, http://www.adelaidenow.com.au/news/south-australia/woolies-fuel-fight-sparks-cost-warning/story-e6frea83-1225852023860 (accessed 5 May 2010).

[5]        Adelaide Now, 'Council approves Woolworths service station next door to independent', 5 May 2010, http://www.adelaidenow.com.au/news/south-australia/council-approves-woolworths-service-station-next-door-to-independent/story-e6frea83-1225853800089 (accessed 5 May 2010).

[6]        See Senate Economics References Committee, Trade Practices Amendment (Predatory Pricing) Bill 2007, 1 August 2007, https://www.aph.gov.au/Senate/committee/economics_ctte/completed_inquiries/2004-07/trade_practices/report/tp_pred_price/index.htm

[7]        Associate Professor Frank Zumbo, Proof Committee Hansard, 9 April 2010, p. 23.

[8]        Dr Phillip Williams, Proof Committee Hansard, 9 April 2010, p. 16.

[9]        Associate Professor Frank Zumbo, Proof Committee Hansard, 9 April 2010, p. 23.

[10]      Mr Tim Grimwade, Proof Committee Hansard, 9 April 2010, p. 29.

[11]      Dr Phillip Williams, Proof Committee Hansard, 9 April 2010, p. 16.

[12]      Mr William Fares, Proof Committee Hansard, 9 April 2010, p. 2.

[13]      Associate Professor Frank Zumbo, Proof Committee Hansard, 9 April 2010, p. 23.

Chapter 3 - The premise of the bill

[1]        Associate Professor Frank Zumbo, Submission 14.

[2]        Associate Professor Frank Zumbo, Proof Committee Hansard, 9 April 2010, p. 19.

[3]        Treasury, Submission 15, p. 2.

[4]        Treasury, Submission 15, p. 3.

[5]        Associate Professor Frank Zumbo, Proof Committee Hansard, 9 April 2010, p. 19.

[6]        Mr Tim Grimwade, Proof Committee Hansard, 9 April 2010, p. 27.

[7]        Mr Tim Grimwade, Proof Committee Hansard, 9 April 2010, p. 27.

[8]        Mr Tim Grimwade, Proof Committee Hansard, 9 April 2010, p. 27.

[9]        Mr Tim Grimwade, Proof Committee Hansard, 9 April 2010, p. 28.

[10]      Mr Tim Grimwade, Proof Committee Hansard, 9 April 2010, pp 31–32.

[11]      Ms Julie Clarke, Submission 6, p. 2.

[12]      Associate Professor Frank Zumbo, Proof Committee Hansard, 9 April 2010, p. 21.

Chapter 4 - The bill's amendments

[1]        Explanatory Memorandum, p. 1. Emphasis added.

[2]        ACCC, Merger Guidelines, 2008, p. 11.

[3]        Associate Professor Frank Zumbo, Submission 14, p. 5.

[4]        Associate Professor Frank Zumbo, Proof Committee Hansard, 9 April 2010, p. 25.

[5]        Law Council of Australia, Submission 2, p. 1.

[6]        Law Council of Australia, Submission 2, p. 2. See also Mr Stephen Ridgeway, Proof Committee Hansard, 9 April 2010, p. 12.

[7]        Mr Stephen Ridgeway, Proof Committee Hansard, 9 April 2010, p. 12.

[8]        Law Council of Australia, Submission 2, p. 6.

[9]        Treasury, Submission 15, p. 7.

[10]      Treasury, Submission 15, p. 7.

[11]      Ms Julie Clarke, Submission 6, p. 3.

[12]      Ms Julie Clarke, Submission 6, p. 3.

[13]      Treasury, Submission 15, p. 1.

[14]      Treasury, Submission 15, p. 4.

[15]      Julie Clarke, Submission 6, p. 2.

[16]      Explanatory Memorandum, p. 1.

[17]      Associate Professor Frank Zumbo, Submission 14, p. 6.

[18]      Associate Professor Frank Zumbo, Submission 14, p. 6.

[19]      Mr Stephen Ridgeway, Proof Committee Hansard, 9 April 2010, p. 12.

[20]      Law Council of Australia, Submission 2, p. 2.

[21]      Mr Stephen Ridgeway, Proof Committee Hansard, 9 April 2010, pp. 12–13.

[22]      Mr Stephen Ridgeway, Proof Committee Hansard, 9 April 2010, pp. 12–13.

[23]      Mr Stephen Ridgeway, Proof Committee Hansard, 9 April 2010, pp. 12–13.

[24]      Treasury, Submission 15,

[25]      Treasury, Submission 15, p. 8.

[26]      Treasury, Submission 15, p. 8.

[27]      Mr Tim Grimwade, Proof Committee Hansard, 9 April 2010, p. 28.

[28]      Treasury, Submission 15, p. 8.

[29]      Treasury, Submission 15, p. 9.

[30]      Ms Julie Clarke, Submission 6, pp. 4–5.

[31]      Treasury, Submission 15, p. 9.

[32]      Ms Julie Clarke, Submission 6, p. 4.

[33]      Associate Professor Frank Zumbo, Submission 14, p. 12.

Chapter 5 - The committee's view

[1]        See Stephen Ridgeway, Proof Committee Hansard, 9 April 2010, p. 13.

[2]        See the Hon. Chris Bowen, 'Reviewing Federal Government's Amendment to the Trade Practices Act 1974', Keynote Address to the 4th Annual Trade Practices and Corporate Compliance Summit The Grace Hotel, , 28 April 2008.

Dissenting Report from Senator Xenophon

[1] William Fares, Proof Committee Hansard, 09 April 2010, pg 2

[2] William Fares, Proof Committee Hansard, 09 April 2010, pg 2

[3] William Fares, Proof Committee Hansard, 09 April 2010, pg 2

[4] William Fares, Statement tabled to the Committee, 09 April 2010

[5] William Fares, Proof Committee Hansard, 09 April 2010, pg 2

[6] William Fares, Statement tabled to the Committee, 09 April 2010

[7] William Fares, Proof Committee Hansard, 09 April 2010, pg 2

[8] Dr Phillip Williams – Law Council of Australia, Proof Committee Hansard, 09 April 2010, pg 16

[9] Retail Traders Association of Western Australia, Submission 4, pg 1

[10] State Retailers Association of South Australia, Submission 8, pg 1

[11] National Association of Retail Grocers of Australia, Submission 7, pg 3

[12] Associate Professor Frank Zumbo, Submission 14, pg 2

[13] Associate Professor Frank Zumbo, Submission 14, pg 4

[14] Associate Professor Frank Zumbo, Proof Committee Hansard, pg 24

[15] Associate Professor Frank Zumbo, Submission 14, pg 9

[16] Law Council of Australia, Submission 2, pg 4

[17] William Fares, Proof Committee Hansard, 09 April 2010, pg 3

[18] State Retailers Association of South Australia, Submission 8, pg 2

[19] Mr John Brownsea – State Retailers Association of South Australia, Proof Committee Hansard, 09 April 2010, pg 45