Competition & Trade Practices
5. Anti-competitive Agreements
Authors: Staff Legal Eagle
Firm / Chambers:
Last updated: 11 Jul 2015
- Anti-competitive agreements are contracts, arrangements or understandings that substantially reduce competition or have the potential to do so. These kinds of agreements are prohibited under the Competition and Consumer Act 2010 (Cth).
- Whether an agreement does 'substantially reduce competition' is a complex matter as is determining the relevant 'market'.
- Usually an 'effect' is considered to be substantial if it is important or carries weight in the market.
- A lawyer with expertise in competition and trade practices law will be able to analyse the specific aspects of your situation and advise on whether any agreements to which you are party are anti-competitive and at risk of breaching the legislation. You can find an experienced trade practices lawyer near you using our free Find a Lawyer directory.
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