Competition Law at the Turn of the Century A

This collection of papers brings together the lessons learned from New Zealand's Commerce Act 1986 and its principal subsequent amendments. Providing concise analysis of those amendments, and of topics relating to the original Commerce Act, it pays particular attention to the introduction of economic regulation into the electricity and telecommunication markets. This volume outlines the impact of the Ministry of Economic Development on the effectiveness of the Commerce Act, international perspectives on competition law and methods for administering penalties in competition law cases.

Acknowledgements

7

(2)

Preface

9

(250)

1 Introduction

11

(8)

Mark Berry and Lewis Evans

2 Reminiscences on the Passing of the Commerce Act

19

(5)

David Caygill

3 The Structure of New Zealand Industry: Its Implications for Competition Law

24

(37)

Terence Arnold, David Boles de Boer and Lewis Evans

4 Goals of Antitrust Policy and the Commerce Act

61

(23)

Susan Begg and Bryce Wilkinson

5 The Goals of the Commerce Act

84

(18)

Lyn Stevens

6 Market Power Thresholds: Theory and Competition Cases Related to Barriers to Entry, Oligopoly and Joint Dominance

102

(35)

Frank Mathewson and Neil Quigley

7 Contracts that Lessen Competition: What is Section 27 for, and How Has It Been Used?

137

(57)

Dennis Carlton and David Goddard

8 Penalties and Remedies

194

(34)

Ian Millard (commentary by Stephen King)

9 New Zealand Competition Law in an International Setting

228

(31)

Andrew Peterson and Andrew Matthews

10 Competition Law at the Turn of the Century: International Perspectives

259

(19)

Kerrin Vautier

11 Ministerial Inquiries into Electricity and Telecommunications

278

(17)

Jim Stevenson, Allan Asher and David Caygill: discussion

Table of Cases

295

(3)

Table of Legislation

298

(1)

Contributors

299

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Competition Law at the Turn of the Century A New Zealand Perspective

Summary

Table of Contents

Supplemental Materials