Competition Policy Review Submission

November 2014

HoustonKemp's submission in response to the Competition Policy Review’s draft report was published shortly before Christmas. We caution that the proposed changes to the unilateral conduct (section 46) provisions of the Competition and Consumer Act offer few, if any, economic benefits, and would give rise to a long and costly period of uncertainty as to how the revised law may be applied. In contrast, the panel’s focus on the need for microeconomic reform in road transport and the delivery of human services has the potential to unlock the kind of productivity gains that followed the 1990s’ structural and regulatory reforms in the electricity, gas and water infrastructure sectors. Our submission makes a number of practical suggestions to guide future, productivity-enhancing reform in both human services and road transport.

Posted on November 20, 2014 and filed under Reports.