The Australian and Victorian governments have both promised funding for a Melbourne Airport rail link, but a private consortium’s unsolicited proposal is also on the table.
Unsolicited market proposals are not transparently assessed. Infrastructure should be built to serve the public interest, not shaped by its private backers, but the checks to ensure this are broken.
On average, customers renewing their insurance policy now pay 34% more than new customers.
Governments can do more to expose the deceptive corporate practice of charging loyal customers more, says competition champion Allan Fels.
Australia has an unusually high degree of market concentration. Many industry sectors are dominated by a handful of large companies.
Competition policy in Australia is undermined by not knowing if it is right to let the vast majority of corporate mergers go ahead.
Calls to boycott supermarket-branded milk only put greater pressure on the dairy farmers who supply it.
AAP Image/Mal Fairclough
Calls to boycott supermarket-branded milk are misguided; and a royal commission into treatment of dairy farmers would be money wasted.
A Supreme Court of Canada ruling has triggered long-dormant provisions in the Competition Act that make preventing monopolies more difficult, especially in vulnerable media industries.
The Supreme Court of Canada's 2015 decision to allow a hazardous waste monopoly in B.C. gave life to long-dormant provisions in the Competition Act that make preventing monopolies more difficult.
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Energy firms should compete over the 'stickiest' customers, who won't switch suppliers.
We can’t say whether introducing competition to the health sector would work in the same way as other markets.
Headlines pointed to the privatisation of hospital, end-of-life and dental services, but the Productivity Commission's report is actually a lot less radical.
Emerging retail players struggle to grow.
South Africa's concentrated formal supermarket industry stands as an obstacle against economic transformation and competitive pricing for consumers.
Both domestic and global economic challenges face the new Turnbull government.
The government should consider five options to increase economic growth.
Prime Minister Malcolm Turnbull strongly denied he had previously opposed the “effects test”.
In a major victory for small business and the Nationals over big business, the government has agreed to write an 'effects test' into competition policy.
Between then, Rupert and Lachlan Murdoch have significant media holdings.
Fear of a Foxtel-Ten partnership to acquire sporting rights is likely to worry the ACCC.
ACCC chairman Rod Sims is among those advocating a so-called ‘effects test’ to determine whether market power has been misused.
Both big and small business have much at stake in competition policy reform, but they need to move on from simplistic arguments about misuse of market power.
It’s personal: why shouldn’t consumers reclaim the rich data trail they create?
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The competition review could help shed light on whether Australian companies are willing to share the data they hold on us as consumers.
The competition policy review is just another difficult conversation for the Abbott government.
Big reforms in taxation and competition policy are on the table for the Abbott government, but has it spent too much political capital to get any of them across the line?
Economist Ian Harper has delivered the final report in the most comprehensive review of competition law and policy in more than 20 years.
The removal of restrictions on retail trading hours, pharmacies and parallel imports, and a controversial “effects test” on existing misuse of market power rules are among the many recommendations contained…
The Harper competition policy review recommendations include changing the way misuse of market power can be prosecuted.
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The "effects test" aims to boost prosecutions for misuse of market power. But will it really make it easier for the ACCC to win cases?
Unlike America, Australia is overbanked.
A key component of the Financial System Inquiry handed to Treasurer Joe Hockey this week was that “the financial system should be subject and responsive to market forces, including competition”. But on…
Reforming prime ministers don’t always have the luxury of choice.
“Men make history,” Karl Marx wrote in 1859 in his Critique of Political Economy, “but not always in circumstances of their own choosing”. Whitlam himself would have chosen a different year to be his time…
The draft report of the Competition Policy Review elevates consumer choice above all other considerations.
Are we consumers or are we citizens? Clearly most of us are both. In a capitalist economy people get much of what they need through competitive markets. Yet we also live within a society and have reasonable…
ACCC Chair Rod Sims could soon see some of the regulator’s powers taken away.
Both the Harper competition policy review, and the more recent Vertigan NBN market and regulatory review have widespread implications for economic regulation. The reports are different in scope and their…