Anti-competitive conduct under spotlight with law change

Anti-competitive conduct under spotlight with law change
Commerce minister David Clark says fears about changes to competition law are overstated.
Ian Llewellyn
Parliament debated changes to competition law that may simplify misuse of market power prosecutions for the first time last night.The Commerce Bill’s two major changes concern the misuse of market power and the treatment of intellectual property (IP).Section 36 of the Commerce Act prohibits those with substantial market power from taking advantage of it for an anti-competitive purpose. This covers things such as exclusive dealing, refusal to supply, or predatory pricing.A review of the law found it may be failing to deter or penalise some...

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