Productivity Commission backs Commerce Act competition test reform

Wed, 29 Jan 2014

By Pattrick Smellie Jan. 29 (BusinessDesk) – The Productivity Commission is backing calls by the competition watchdog, the Commerce Commission, to reform the country’s increasingly ineffective and “idiosyncratic” competition law. In its interim report on improving productivity in services industries, covering more than two-thirds of economic activity, the Productivity Commission homes in on the Section 36 competition test in the Commerce Act, which it says has been changed substantially by court interpretations. The section is intended to “...

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