Julia explores all the basic concepts of what constitutes economics which are covered within the trade practices act. The TPC is based on economic principle. This topic will explore the economic foundation of the trade practices act, the comparison between monopolised and competitive markets and the analysis of the economic concepts throughout the trade practices act. Cases include: ASX operations vs. Pont Data Dowling vs. Dalgety (1992). Mark Lyons vs. Barsill (1987). TPC Australian Meat Holding (1988). QIW vs. David Holdings. Arnotts Ltd vs. TPC (1990).
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