PROGRESS UNDER PRESSURE - THE EVOLUTION OF ANTITRUST POLICY IN AUSTRALIA

Australia has developed a balanced and comprehensive antitrust policy. But the process of evolution has seen conflict, misunderstanding and error in applying the relevant economic concepts. Whether antitrust le gislation is needed, and in what form, is still debated, as are ways o f incorporating new approaches in economics. This is a documented acco unt and commentary on the twenty years of evolution, designed especial ly for non-Australian readers seeking to gain advantage and avoid erro r by studying the experience of another country.