To Establish a 'Contract, Arrangement or Understanding' in Breach of the Competition
To establish a 'contract, arrangement or understanding' in breach of the Competition and Consumer Act 2010 (Cth), a plaintiff has to show evidence of:
A) Adoption of a particular course of action.
B) The meeting of two or more minds.
C) A plan of action.
D) All of the above.
'Deeming' means the effect of the conduct is taken to exist without the need to prove it.
The Competition and Consumer Act 2010 (Cth) prohibits the existence of monopolies.
Increasing the price of petrol during school holidays is often described as predatory pricing.