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The fourth edition of this authoritative text combines leading competition law decisions, legislation, guidelines and commentary to promote understanding of complex concepts, encourage student analysis of key principles and provide a practical focus for learning. Hypothetical questions and reading lists for each chapter provide opportunities for problem solving and research. The commentary and extracts are fully revised and updated, and the authors offer perspectives on practical issues such as the non-judicial processes of authorisation and clearance and an example of a public competition assessment, a non-judicial determination of the ACCC.