(Download) "Anti-Competitive Practice in the Sporting Arena: Commercial Watchdogs Adapt Their Game (New Zealand)" by University of Queensland Law Journal # eBook PDF Kindle ePub Free

eBook details

Title: Anti-Competitive Practice in the Sporting Arena: Commercial Watchdogs Adapt Their Game (New Zealand)
Author : University of Queensland Law Journal
Release Date : January 01, 2007
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 327 KB

Description

I INTRODUCTION Gas, electricity, telecommunications, futures trading and air travel all feature significantly in applications to the New Zealand Commerce Commission for authorisations to implement anti-competitive practices. (1) In each application, the Commerce Commission, charged with promoting healthy competition in the marketplace, applies the well-worn criteria set out in Part II of the Commerce Act 1986 (NZ) ('the 1986 Act') under which collective and unilateral anti-competitive behaviour is forbidden. Faced with a proposal that may substantially lessen competition, exclude competitors in the relevant market or markets, and/or create a price fixing scenario, the Commission must undertake a balancing exercise. It has power to authorise a scheme that breaches these restrictive trade practice provisions if it can be satisfied that the public benefits of the practice outweigh the detriments arising from the loss of competition. (2)