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The latest issue of the Australian Journal of Competition and Consumer Law (Volume 28 Part 4) contains the following material
- The Rise and Fall of a Legal Principle
This article analyses the Mandatory Bargaining Code that the Australian Competition and Consumer Commission (ACCC) has proposed to give Australian media businesses the ability to bargain with Google and Facebook to secure fair payment for news content. Under the ACCC’s Code, if an Australian news business fails to reach an agreement with Google or Facebook through negotiation or mediation, the news business will have the right to commence a 45-day compulsory “Final Offer Arbitration” process to determine the remuneration that Google or Facebook must pay for the use of its news content. The article focuses on the practical and legal issues that may arise from the use of Final Offer Arbitration to resolve disputes, including whether the arbitration process prescribed by the Code falls within the scope of Australia’s arbitration legislation and the extent to which determinations made by arbitrators under the Code will be subject to any form of appeal.
Asset Valuation Confusion under Australia’s National Gas Rules – Euan Morton and Matt Rodgers
The introduction of the Information Disclosure and Arbitration Framework provisions under Pt 23 of the Australian National Gas Rules in August 2017 has resulted in an unsuitable asset valuation methodology – the so-called “recovered capital method” (RCM) – becoming the default valuation methodology to be used in arbitrations involving gas pipelines and their users (shippers), even though it is incompatible with price formation in workably competitive markets (which underpins the objective of Pt 23). The default status of the RCM under Pt 23 arguably says more about the short-term political and regulatory imperative to reduce delivered gas prices in a supply-constrained environment, than good regulatory design that is focused on producing sensible price signals and facilitating robust commercial outcomes in future investment in and use of Australian gas transmission pipelines.
ACCESS TO SERVICES – Editor: John Hedge
- Dalrymple Bay Coal Terminal Service – Implications for the Scope of Access Regulation – John Hedge
DEFECTIVE GOODS – Editor: T H J Cadd
- Gym Equipment, Higher Education Expectations and Framed Bathing Pools – T H J Cadd
RESTRICTIVE TRADE PRACTICES – Editor: Julie Clarke
- Resale Price Maintenance: A Stocktake – Julie Clarke
CASE NOTE – Editor: Christopher Hodgekiss SC
- Undertakings in Merger Proceedings Following Australian Competition and Consumer Commission v Pacific National Pty Ltd: Has the Train Left the Station? – Michael Gvozdenovic and Stephen Puttick
- The Council’s Work during 2019–2020 – Maureen Ip Hee Wai
- Travel Issues During the Pandemic – Hank Spier
- What If Australia Took More Notice of EU Competition Law? – Russell Miller AM
- Competition in the Time of COVID-19 – Peter Strong
REPORT FROM CHINA – Editor: Sharon Henrick
- SAMR’s Approach to Failing Firms – Sharon Henrick and Christopher Kok
REPORT FROM INDIA – Editor: Pravin Anand
- Updates from Competition Law Regime for the Year 2019–2020 – Pravin Anand and Bobby Jain
For the PDF version of the table of contents, click here: AJCCL Vol 28 No 4 Contents.
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