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Trade and commerce with other countries, and among the States; [1] The meaning of trade and commerce is clarified in section 98 of the Constitution which provides The power of the Parliament to make laws with respect to trade and commerce extends to navigation and shipping, and to railways the property of any State.
Restraint of trade in England and the UK was and is defined as a legal contract between a buyer and a seller of a business, or between an employer and employee, that prevents the seller or employee from engaging in a similar business within a specified geographical area and within a specified period.
Before the beginning of the first Constitutional Convention in Sydney in 1891, Sir Henry Parkes originally proposed the following resolution: . That the trade and intercourse between the Federated Colonies, whether by means of land carriage or coastal navigation, shall be free from the payment of Customs Duties, and from all restrictions whatsoever, except from such regulations as may be ...
The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission and the Prices Surveillance Authority to administer the Trade Practices Act 1974 ...
The Constitution Alteration (Industry and Commerce) Bill 1926, [1] was an unsuccessful proposal to alter the Australian Constitution to extend the Commonwealth legislative power in respect to corporations, and to give it the power to make laws with respect to trusts and combinations in restraint of trade, trade unions and employer associations.
Economic torts are tortious interference actions designed to protect trade or business. The area includes the doctrine of restraint of trade and, particularly in the United Kingdom, has largely been submerged in the twentieth century by statutory interventions on collective labour law and modern competition law, and certain laws governing intellectual property, particularly unfair competition law.
The New South Wales Equity Court granted Tutty's application to have the League's transfer system declared invalid, deeming it an 'unreasonable restraint of trade'. The League appealed to the High Court of Australia but on 13 December 1971, the High Court's judgement upheld the Equity Court's decision. The implications of Tutty's successful ...
The Competition and Consumer Act 2010 (CCA) [1] is an Act of the Parliament of Australia.Prior to 1 January 2011, it was known as the Trade Practices Act 1974 (TPA). [2] The Act is the legislative vehicle for competition law in Australia, and seeks to promote competition, fair trading as well as providing protection for consumers.