Economics for Competition Lawyers

Subject 730-610 (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Credit Points:
Level: Graduate/Postgraduate
Dates & Locations:

This subject has the following teaching availabilities in 2009:

March, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 24 - 26 contact hours per subject.
Total Time Commitment: The time commitment for this subject depends on the candidates background and experience.
Prerequisites: N.A.
Corequisites: N.A.
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: N.A.

Coordinator

Prof Philip Williams
Subject Overview:

Objectives:

A student who has successfully completed this subject should:

  • Understand the economic rationale behind the competition provisions of the Trade Practices Act 1974 (Cth)
  • Be familiar with the economic terminology and concepts used in competition law
  • Understand the relevance of the economic theories of competition and efficiency to competition law
  • Understand how economic techniques can be used to develop and present evidence in competition law matters before the Australian Competition and Consumer Commission, the Australian Competition Tribunal and the courts.

Syllabus:

Principal topics will include:

  • The values underlying competition law
  • Markets, market power and competition
  • The economics of collusion
  • The economics of leniency
  • The effect of vertical arrangements on competition
  • Economic issues in misuse of market power
  • Mergers with homogeneous products
  • Mergers with differentiated products
  • Economic efficiency and authorisation
  • Quantification of penalties and damages.
Assessment:
  • Class participation (10%)
  • Take-home examination (50%) (8–11 May)
  • Research paper 3,000 words (40%) (15 June) (topic approved by the subject coordinator)
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Please see the Subject Objectives for this information.
Links to further information: 730-610Economics for Competition LawyersMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2009P

Objectives:

A student who has successfully completed this subject should:

  • Understand the economic rationale behind the competition provisions of the Trade Practices Act 1974 (Cth)
  • Be familiar with the economic terminology and concepts used in competition law
  • Understand the relevance of the economic theories of competition and efficiency to competition law
  • Understand how economic techniques can be used to develop and present evidence in competition law matters before the Australian Competition and Consumer Commission, the Australian Competition Tribunal and the courts.

Syllabus:

Principal topics will include:

  • The values underlying competition law
  • Markets, market power and competition
  • The economics of collusion
  • The economics of leniency
  • The effect of vertical arrangements on competition
  • Economic issues in misuse of market power
  • Mergers with homogeneous products
  • Mergers with differentiated products
  • Economic efficiency and authorisation
  • Quantification of penalties and damages.
  • Class participation (10%)
  • Take-home examination (50%) (8–11 May)
  • Research paper 3,000 words (40%) (15 June) (topic approved by the subject coordinator)
N.A. N.A.24 - 26 contact hours per subject.Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.Please see the Subject Objectives for this information.The time commitment for this subject depends on the candidates background and experience.N.A.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.Prof Philip WilliamsLawLawNNNNParkvillePARKVILLEFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730610730-6102March

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