Australia has one of the toughest regimes of statutory competition regulation in the developed world. This case is in some ways a good test of its robustness. |
News regarded the elimination of C7 as a central part of the process. Many acts, which are otherwise inexplicable in rational business terms, were specifically designed to get them out of business. |
The frame of mind was that if something made business sense, then there had to be a way of getting around ... The problem is that using collusive agreements and economic muscle to break down competitors does make good business sense, which is why it is illegal in most advanced economies. |