Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]


Corporation must not make disclosure of pricing information etc. for purpose of substantially lessening competition

The prohibition

             (1)  A corporation must not make a disclosure of information if:

                     (a)  the information relates to one or more of the following (whether or not it also relates to other matters):

                              (i)  a price for, or a discount, allowance, rebate or credit in relation to, Division 1A goods or services supplied or likely to be supplied, or acquired or likely to be acquired, by the corporation;

                             (ii)  the capacity, or likely capacity, of the corporation to supply or acquire Division 1A goods or services;

                            (iii)  any aspect of the commercial strategy of the corporation that relates to Division 1A goods or services; and

                     (b)  the corporation makes the disclosure for the purpose of substantially lessening competition in a market.

Note:          Conduct that would otherwise contravene this section can be authorised under subsection 88(6A) or notified under subsection 93(1).

Determining whether disclosure made for purpose of substantially lessening competition

             (2)  In determining, for the purpose of this section, if a corporation has made a disclosure for the purpose of substantially lessening competition in a market, the matters to which the court may have regard include (but are not limited to):

                     (a)  whether the disclosure was a private disclosure to competitors in relation to that market; and

                     (b)  the degree of specificity of the information; and

                     (c)  whether the information relates to past, current or future activities; and

                     (d)  how readily available the information is to the public; and

                     (e)  whether the disclosure is part of a pattern of similar disclosures by the corporation.

             (3)  Without limiting the manner in which the purpose of a person may be established for the purposes of any other provision of this Act, a corporation may be taken to have made a disclosure of information for the purpose of substantially lessening competition in a market even though, after all the evidence has been considered, the existence of that purpose is ascertainable only by inference from the conduct of the corporation or of any other person or from other relevant circumstances.

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback