{"id":7108,"date":"2014-12-01T14:16:52","date_gmt":"2014-12-01T03:16:52","guid":{"rendered":"http:\/\/sites.thomsonreuters.com.au\/journals\/?p=7108"},"modified":"2014-12-01T14:16:52","modified_gmt":"2014-12-01T03:16:52","slug":"australian-business-law-review-update-december-2014","status":"publish","type":"post","link":"https:\/\/sites.thomsonreuters.com.au\/journals\/2014\/12\/01\/australian-business-law-review-update-december-2014\/","title":{"rendered":"Australian Business Law Review update: December 2014"},"content":{"rendered":"

*Please note that the links to the content in this Part will direct you to Westlaw AU. If you are using Checkpoint, the links can be found in the CP PDF <\/strong>at the bottom of this post.<\/p>\n

The latest issue of the Australian Business Law Review <\/em>(Volume 42 Part 6) contains the following material:<\/p>\n

EDITORIAL<\/a><\/p>\n

Articles<\/h3>\n

The ACCC: Roots and branches \u00e2\u20ac\u201c proposals to enhance ACCC effectiveness <\/i><\/b><\/a>\u00e2\u20ac\u201c Caron Beaton-Wells<\/p>\n

The Australian Competition and Consumer Commission is a crucial body in Australia\u00e2\u20ac\u2122s economic landscape. It has wide-ranging responsibilities, principally concerned with enforcing the laws in the Competition and Consumer Act 2010 <\/i>(Cth) \u00e2\u20ac\u201c laws that affect almost every aspect of commercial activity in this country \u00e2\u20ac\u201c and has extraordinary powers, backed up significant sanctions, to ensure that businesses and individuals comply with their legal obligations. The effectiveness of the ACCC in performing its functions is a matter being considered by the Competition Policy Review, a review described as a root and branch inquiry into Australian competition policy, law and enforcement. This article makes two proposals, aimed at deepening the ACCC\u00e2\u20ac\u2122s roots (through ex post review and evaluation of its enforcement activity) and connecting its branches (through a consolidated program of market studies). If adopted, these proposals would strengthen the ACCC\u00e2\u20ac\u2122s standing and capacity as an institution that is central to enhancing the welfare of Australians and our economy.<\/p>\n

To purchase this article, complete the Individual Article Sale<\/a> order form and email it to tlranz.journal.orders@thomsonreuters.com<\/a>.<\/p>\n

Roots, branches and other objects \u00e2\u20ac\u201c one step beyond the Harper Review? <\/i><\/b><\/a>\u00e2\u20ac\u201c I S Wylie<\/p>\n

The Harper Review Panel is currently finalising its \u00e2\u20ac\u0153root and branch\u00e2\u20ac\u009d review of the Competition and Consumer Act 2010 <\/i>(Cth), having made a series of draft recommendations for significant changes to its competition provisions. It has not explicitly revisited the object of the Act as specified in s 2, although its Terms of Reference and Draft Report contain various statements as to the objects and purposes of the Act\u00e2\u20ac\u2122s competition provisions. Given the wide-ranging nature of the Harper Review and the Panel\u00e2\u20ac\u2122s related proposals for reform, and tensions between some objects and some provisions, this article advocates the need to revisit the primary objects clause in the Act and specify the object(s) of its competition provisions with greater clarity to facilitate their effective future operation.<\/p>\n

To purchase this article, complete the Individual Article Sale<\/a> order form and email it to tlranz.journal.orders@thomsonreuters.com<\/a>.<\/p>\n

Online dispute resolution: The advantages, disadvantages, and the way forward <\/i><\/b><\/a>\u00e2\u20ac\u201c Anthony John Sissian<\/p>\n

This article outlines the current advantages, disadvantages, and challenges faced by online dispute resolution. This article also recommends the most effective regulatory framework to ensure online dispute resolution earns the trust and confidence of participants worldwide.<\/p>\n

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Challenges facing the notariat in Australasia in the 21st century <\/i><\/b><\/a>\u00e2\u20ac\u201c Noel Cox<\/p>\n

The office of notary is in a time of considerable change, and also opportunities. These are domestic, regional and international in nature. The specific challenges include the new Anti-Money Laundering and Counter-Terrorism Financing Act 2006 <\/i>(Cth), in force from December 2008. Equivalent legislation is likely to apply to New Zealand notaries. The continuing development of electronic transactions provides more opportunities, if not technical challenges. The immediate effect of this is that the notariat must strengthen its professional discipline and education. The longer term effect may include a reduction in the opportunities for \u00e2\u20ac\u0153part-time\u00e2\u20ac\u009d notaries, and a greater professionalisation of the office.<\/p>\n

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Dashed expectations? The impact of civil liability legislation on contractual damages for disappointment and distress <\/i><\/b><\/a>\u00e2\u20ac\u201c Sonia Walker and Kate Lewins<\/p>\n

This article argues that contractual claims for disappointment and distress ought not to be caught by the provisions of Civil Liability Act <\/i>legislation. An award of damages for disappointment and distress is based not on personal injury, but on a plaintiff\u00e2\u20ac\u2122s lost expectations of contractual performance. To apply Civil Liability legislation to such a claim is counter to legal principle and reflects an unjustified application of the tortious concepts of pain and suffering to the contractual concept of disappointment and distress damages. The authors argue the application of Civil Liability Legislation to this head of damage needs to be reconsidered to ensure that defendants are not able to breach contractual obligations with impunity.<\/p>\n

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INTELLECTUAL PROPERTY LAW<\/a> \u00e2\u20ac\u201c Campbell Thompson<\/i><\/p>\n