TY  - JOUR
AB  - States that assessment of competition policy in Australia shows that the policy is focused on competition regardless of any imbalances of market power or of its effects on income distribution. Describes briefly the policy and its background and argues that it: ignores established economic theory; that there is inadequate recognition of constraints; and that there is unsupported aversion to expert, industry‐specific regulators. Shows that acceptance of crudely defined economic efficiency as the dominant objective is likely to result in significant and frequently inequitable effects on income distribution.
VL  - 24
IS  - 1/2/3
SN  - 0306-8293
DO  - 10.1108/03068299710161250
UR  - https://doi.org/10.1108/03068299710161250
AU  - Kolsen H.M.
PY  - 1997
Y1  - 1997/01/01
TI  - Equity effects of microeconomic reforms: competition policy in Australia
T2  - International Journal of Social Economics
PB  - MCB UP Ltd
SP  - 255
EP  - 264
Y2  - 2024/04/24
ER  -