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Trade Practices - LAWS3022
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Faculty: Faculty of Law
 
 
School:  Faculty of Law
 
 
Course Outline: See below
 
 
Campus: Kensington Campus
 
 
Career: Undergraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
Enrolment Requirements:
 
 
Prerequisite: LAWS1001 and LAWS1011 and Corequisite: LAWS2311; Prerequisite: JURD7101 and JURD7111 and Corequisite: JURD7211
 
 
Excluded: JURD7522
 
 
Fee Band: 3 (more info)
 
 
Further Information: See Class Timetable
 
 

Description

This course will be taught as 2 x 2 hour classes per week from Week 1 - Week 10 (36 hours in total).

It is an introduction to competition law. It examines Part IV of the Trade Practices Act 1974 (Cth) (TPA), and the parallel state provisions of the Competition Code (which apply by agreement between the States where there is no Constitutional coverage for the TPA).


Recommended Prior Knowledge

A prior knowledge of economics or commerce is not essential for this course.

Course Objectives

The objectives of the course are to acquaint students with the rationale for competition law, and give them an understanding of key statutory provisions and case law to provide practical understanding of competition law and policy.

Main Topics

Some of the areas the course will cover include:
  • History and objectives of Part IV TPA, including current proposals for amendment
  • Economic foundations including concepts of market, market power and competition
  • Anti-competitive agreements, including price fixing, exclusionary provisions and provisions relating to joint ventures
  • Mergers
  • Enforcement by the Australian Competition and Consumer Commission ("ACCC") and remedies available to private litigants

Assessment

Optional class participation 10% (optional)
Compulsory mid-session examination 50% (45% if class participation also chosen)
Compulsory final examination 50% (45% if class participation also chosen)
 

Course Texts

Prescribed

  • Clarke and Corones, Competition Law and Policy, Cases and Materials, Oxford University Press, 2nd Edition 2005 ("C & C")
  • Trade Practices Act 1974. This legislation is published by CCH, and in annotated versions by Law Book Company (Steinwall) or Butterworths (Miller).

Recommended
A list of further recommended readings is available to UNSW Law students in the full course outline.

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.