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The Metaphysics of Market Power: The Zero-Sum Competition and Market Manipulation Approach by George Raitt

The Metaphysics of Market Power: The Zero-Sum Competition and Market Manipulation Approach

by George Raitt
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Book cover type: Hardcover
  • ISBN13: 9781509928071
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Hart Publishing
  • Publisher Imprint: Hart Publishing
  • Publication Date:
  • Pages: 328
  • Original Price: GBP 100.0
  • Language: English
  • Edition: N/A
  • Item Weight: 626 grams
  • BISAC Subject(s): Military and Business & Financial

Australian competition law has just emerged from a significant period of reform which has seen controversial changes to the legal test to distinguish between normal competitive conduct and conduct that should be condemned. The controversy continues, arguably because the traditional legal conception of market power does not provide a useful standard in real world markets. This important new book offers a radical interpretation of market power, based on the power to manipulate. Seeing it in this way allows for positive and normative standards within which to frame a legal theory of liability for misuse of that power. The book provides suggestions to improve the forensic assessment of conduct that should be condemned as misuse of market power.

Raitt, George: -

George Raitt is a consultant at Piper Alderman, a national law firm in Australia. He has practised as a principal for over 30 years, in most areas of corporate and commercial law. Prior to joining Piper Alderman, George was a partner in Blake Dawson Waldron (now Ashurst) for 12 years. He is also qualified as a Chartered Accountant, and holds a Master of Tax Laws from the University of New South Wales.

He has a Ph. D from Deakin University on the adaptation of literature to film. George has acted for a range of private sector and public sector clients, particularly in the science and technology sector, including commercial enterprises, collaborative ventures, universities, medical research institutes and not-for profit organisations. He was a founding director of the Olivia Newton-John Cancer Research Institute.

He is a sessional lecturer in the Monash University Faculty of Law, lecturing in competition law and copyright and designs law at graduate and undergraduate levels. He has also lectured in equity and trusts, and patent law.

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