House debates
Wednesday, 8 August 2007
Trade Practices Legislation Amendment Bill (NO. 1) 2007
Consideration in Detail
6:17 pm
Fran Bailey (McEwen, Liberal Party, Minister for Small Business and Tourism) Share this | Hansard source
Under the government’s amendments, the courts are free to consider whether a corporation has a reasonable prospect of recouping its losses from below-cost pricing. However, the amendments do not make specific reference to recoupments, so a finding of predatory pricing can be made even if there is no prospect of recoupment. The government is convinced—the law is clear—that recoupment is not a necessary element to prove predatory pricing.
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