MGA strongly supports the Harper Competition Review to strengthen s.46 - effects test. Doing nothing is not an option.
MGA has written and collated the following articles with regards to this:
The need to strengthen S.46 CCA - effects test.
MGA's stance on the effects test policy.
Quote extract from the Mark Latham diaries.
Questions and answers explaining the effects test and how it will impact businesses and consumers.
How the effects will be beneficial for consumers and businesses.
The MGA survey was conducted against the backdrop of a root and branch review into Australia’s competition laws. An independent committee of experts chaired by Professor Ian Harper made an interim finding in late 2014 that an “effects” test should be introduced into Australian competition law. The Harper review has since completed its final report to the Minister for Small Business, the Hon Bruce Billson MP.
The following infographs were produced to coincide with the results from the MGA survey.
This video illustrates, via animation, the enormous amount of market power and dominance that Coles and Woolworths have acquired over time in the current market place.