This is a VitalSource e-book. Competition Law and Policy outlines and evaluates Australian competition law and its policy rationale. This fully revised third edition draws together a comprehensive collection of material, providing an excellent and up-to-date guide to Australian competition law and current proposals for change. The book begins with an overview of Australia's competition policies and goals and of the evolution of its common law. The text then systematically discusses the principle forms of anti-competitive conduct engaged in by firms. Finally, it looks at the uniquely Australian concepts of authorisation and access and the sanctions imposed for breaches of competition law. New to this Edition: Updated with latest legislative changes including the Competition and Consumer Act 2010 New chapter 6 discusses the introduction of the new cartel law and their provision for criminal sanctions References international competition law, including the Treaty of Lisbon, encouraging a global perspective. Questions throughout each chapter aid readers' understanding.