Trade Practices Act 1974 (Cth)

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This 3 page paper is written in three parts. The first part summarises the main purpose of the trade practices act and the meanings of the term competition and market within the act. The second part applies the act to a scenario where a firm attempting to take advantage of market power. The last part of the paper considers the meanings of authorisation and notification within the act. The paper is written with reference to Australian law. The bibliography cites two sources.