Supermarxist? Dutton and the duopoly
Dollars & Sense
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Combatting Oligopolies in Australian Markets
The chapter delves into the prevalence of oligopolies in Australia's market landscape, particularly in industries like supermarkets, leading to limited choices and higher prices for consumers. It discusses policy proposals aimed at breaking up major chains to enhance competition, with debates on divestiture powers and their potential to regulate dominant firms and improve market dynamics. The chapter highlights the importance of competition laws and the need to prevent oligopolies to benefit consumers by ensuring lower prices and better services across various sectors in the economy.
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