|Dates & Locations:|| |
This subject has the following teaching availabilities in 2017:
Term 1, Parkville - Taught online/distance.Show/hide details
Term 2, Parkville - Taught online/distance.Show/hide details
Term 4, Parkville - Taught online/distance.Show/hide details
This subject is delivered completely online and there are no printed subject materials.
Timetable can be viewed here.
For information about these dates, click here.
|Time Commitment:||Contact Hours: 80 hours |
Total Time Commitment:
Students are expected to log into the LMS and familiarise themselves with the subject, layout, navigation, activities, readings and assessments the week before formal teaching begins.
Students will not be expected to complete any set tasks or readings but will be encouraged to make a start on readings for the module if they so choose.
LAWS90065 Foundations: Competition Law and Economics may not be required for students enrolled in the on campus Melbourne Law Masters program who have substantial competition law-related economics in their background, either by way of prior studies and/or relevant work experience.
Study Period Commencement:
Term 1, Term 3
|Recommended Background Knowledge:|| |
Applicants without legal qualifications should note that subjects are offered in the discipline of law at an advanced graduate level.
|Non Allowed Subjects:|
|Core Participation Requirements:|| |
The Melbourne Law Masters welcomes applications from students with disabilities. The inherent academic requirements for study in the Melbourne Law Masters are:
Students who feel their disability will inhibit them from meeting these inherent academic requirements are encouraged to contact Student Equity and Disability Support.
CoordinatorProf Caron Beaton-Wells
Professor Caron Beaton-Wells (Coordinator), Program Director, Global Competition and Consumer Law
|Subject Overview:|| |
Cartel conduct is regarded as anathema to competitive markets and consumer welfare. Such conduct encompasses various forms of collusion or collaboration between competitors, the most serious of which involve fixing prices, diving markets, restricting output and rigging bids. These categories of collusion have been shown to raise prices, reduce quality and choice, and stifle business responsiveness and innovation. They are also hard to detect, prosecute and deter. Tougher anti-cartel laws and sanctions have been a high priority for competition authorities for at least the last decade. While there is a high degree of consensus around the world as to the core tenets of the prohibitions applicable to serious cartel conduct, there is a vigorous discourse amongst authorities, practitioners, business and academics regarding the most effective approaches to sanctioning and enforcement.
At the same time, not all agreements between business rivals are anti-competitive or detrimental to consumer welfare. Some, such as joint ventures or distribution agreements, may be driven by efficiencies or may be welfare-enhancing in other ways. Competition laws and their enforcement therefore need to distinguish between different types of conduct involving competitors based on their economic rationale and likely effects.
This subject refreshes and expands understanding of the economic principles relevant to collusion (or horizontal restraints) that were introduced in the first subject in the course (Foundations: Competition Law & Economics). Students examine critically and in-depth the main prohibitions and exemptions or defences that apply to cartel conduct and other types of collaboration between competitors. They explore who should be held liable for such conduct (companies and/or individuals) and what approaches are or should be taken to sanctioning (administrative and/or criminal). Finally, students explore and assess the effectiveness of the policies and tools that competition authorities deploy in detecting, prosecuting and deterring cartels, as well as learn about and analyse the vigorous debates that relate to private actions for damages arising out of such conduct.
Highlights of the subject include:
|Learning Outcomes:|| |
On completion of this subject, students will have developed:
|Breadth Options:|| |
This subject is not available as a breadth subject.
|Fees Information:||Subject EFTSL, Level, Discipline & Census Date|
|Links to further information:||http://www.unimelb.edu.au/online/global-competition-consumer-law/|
|Graduate Diploma in Competition and Consumer Law |
Graduate Diploma in Global Competition and Consumer Law
Graduate Diploma in Legal Studies
Master of Commercial Law
Master of Competition and Consumer Law
Master of Global Competition and Consumer Law
Master of Laws
Master of Laws (Global Competition and Consumer Law)