Economics for Competition Lawyers

Subject LAWS70010 (2010)

Note: This is an archived Handbook entry from 2010.

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2010:

February, Parkville - 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: The total class time is between 24 and 26 hours.
Total Time Commitment: Visit the Melbourne Law Masters website for more information about this subject.
Prerequisites: Visit the Melbourne Law Masters website for more information about this subject.
Corequisites: Visit the Melbourne Law Masters website for more information about this subject.
Recommended Background Knowledge: Visit the Melbourne Law Masters website for more information about this subject.
Non Allowed Subjects: Visit the Melbourne Law Masters website for more information about this subject.
Core Participation Requirements: Visit the Melbourne Law Masters website for more information about this subject.

Contact

For the most up-to-date information about this subject, contact the Melbourne Law Masters Office by email at law-masters@unimelb.edu.au or phone 8344 6190 or alternatively visit the subject website: www.masters.law.unimelb.edu.au
Subject Overview:

Principal topics will include:

  • The values underlying competition law
  • Markets, market power and competition
  • The economics of collusion
  • Barriers to entry
  • 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.
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.
Assessment:

Class participation (10%)
Take-home examination (50%) (9-12 April)
4,000 word research paper (40%) (17 May) on a topic approved by the subject coordinator
Prescribed Texts: Visit the subject website for more information
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Visit the Melbourne Law Masters website for more information about this subject.
Links to further information: http://www.masters.law.unimelb.edu.au/

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