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Learning Objectives outline the historical origins of the Competition and Consumer Act

limitations on the ability of the common law to protect competition

competition law statutes in operation in the United States and in Europe

history of competition law in Australia

evolution of the Competition and Consumer Act

 describe the changes to the Act brought about by the Competition Policy Reform Act

1995 and subsequent government agreements and amendments

 describe the changes to the Act following the Dawson Review in 2002–2003

 describe the recent changes to the Act relating to predatory pricing and the

criminalisation of cartels

 understand the scope of the current Competition Policy Review and the potential

changes it will bring to Australian competition law and policy.