Prof. Allan Fels. Inaugural Chairman, ACCC

Professor Allan Fels, inaugural Chairman of the Australian Competition & Consumer Commission discusses with Burgernomics host Ross MacDowell the realities of policing restrictive business practices that harm Australian consumers. If the law of supply and demand is operating efficiently, how can monopolies exist? Prof. Fels’ defines a monopoly and discusses how some of Australia’s leading organisation maybe monopolies. Has the deregulation of Australia’s telecommunication industry worked for the ...