The Competition and Consumer Act 2010 (Cth) Contains Two Tests

question 25

Multiple Choice

The Competition and Consumer Act 2010 (Cth) contains two tests that must be satisfied if the ACCC is to authorise anticompetitive conduct.In the case of authorisation of exclusive dealing (other than third line forcing) or anti-competitive conduct the test that must be satisfied is:

• A)The conduct is likely to result in a public benefit that outweighs the public detriment.
• B)The conduct will result in a public benefit that is substantial when considered against the likely detriment.
• C)The conduct will improve economic efficiency.
• D)The conduct will substantially increase the wellbeing of members of the community.

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Definitions:

Employees

Individuals who are hired by a person or business to perform specific jobs in exchange for compensation, typically salary or wages.

Certainty

The state of being free from doubt or reservation; a condition of predictability and assurance regarding certain facts or outcomes.

Court

A governmental institution with the authority to adjudicate legal disputes between parties and administer justice in civil, criminal, and administrative matters.

Law

A body of enforceable rules governing relationships among individuals and between individuals and their society.