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Competition
Competition policy constrains the conduct of firms with market power, restricting their ability to merge and create joint ventures, to set prices and the terms of supply, and to enter into particular types of agreements with their competitors and customers. Frontier’s Legal and Competition Practice provides economic analysis, advice, and litigation support for clients in the area of competition in Australia. Our economists and econometricians are experts in the fields of trade practices, litigation support, intellectual property, valuation, and law reform. We work closely with many major legal firms, and have advised both State and Commonwealth governments, and regulators such as the ACCC.
Our principal areas of expertise include:
- trade practices litigation;
- access disputes – Part IIIA;
- authorisation and mergers;
- intellectual property;
- estimation of cartel damages;
- support of general commercial litigation; and
- law reform.
In brief, we:
- define markets, the starting point for any competition assessment and the basis for an assessment of market power;
- identify potential merger effects, using economic theory supported by empirical analysis;
- advise when certain forms of behaviour might be considered to constitute a misuse of market power, as opposed to competition on the merits;
- distinguish the potentially harmful effects of horizontal and vertical agreements from the benefits they generate;
- value damages arising from anti-competitive agreements; and
- apply economic reasoning to issues of general commercial litigation.
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