Australian and International Perspectives Justice John Mansfield - - PowerPoint PPT Presentation

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Australian and International Perspectives Justice John Mansfield - - PowerPoint PPT Presentation

Jun 25, 2023 31 likes •122 views

Comparative Regulatory Regimes: Australian and International Perspectives Justice John Mansfield ACCC/AER Regulatory Conference 2016 4-5 August 2016 Sofitel Hotel, Brisbane Present Australian Regulatory Schemes A. Competitive Environment B.

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SLIDE 1

Comparative Regulatory Regimes: Australian and International Perspectives

Justice John Mansfield ACCC/AER Regulatory Conference 2016 4-5 August 2016 Sofitel Hotel, Brisbane

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SLIDE 2

Present Australian Regulatory Schemes

  • A. Competitive Environment
  • B. Monopoly Environment
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SLIDE 3

Determined by Courts

Competitive Environment

(1) Legislative regulation (2) Enforcement ACCC

(i) prosecution for criminal behaviour) (ii) action for civil penalties ) (iii) undertakings and other enforcement (iv) balancing of public interest – clearance and authorisation (v) merger clearance – formal and informal

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SLIDE 4

Monopoly Environment

  • Essential facilities and access

– Part IIIA

  • Minister / NCC / ACCC
  • Energy (electricity and gas)

– National Energy Market – AEMO – AER

  • Telecommunications
  • Consideration of AER processes and regulatory

prescriptions.

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SLIDE 5

Court Judicial Review

Judicial processes in:

  • duty of experts
  • concurrent evidence of experts
  • limitation on extent of evidence
  • limitation on extent of submissions

Consideration of value of importing some of those elements into regulatory review processes.

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SLIDE 6

Australian Competition Tribunal

  • Review of Regulatory Decisions

(1) ACCC other clearance and authorisation (2) AER regulatory review decisions (3) Minister’s Part IIIA access decisions Subject to Federal Court review

  • Merger Authorisation Decisions
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SLIDE 7

ACT Review “on the merits”

  • Full Factual Review
  • Limited Merits Review

(i) topics (ii) issues (iii) materials

  • Merger Review: full hearing

Consideration of respective merits of limited/open review, and of composition of ACT

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SLIDE 8

Assessment of public interest?

  • When appropriate?
  • Whose function?
  • Whose responsibility?
  • What criteria?

“a materially preferable decision in the long term interests of consumers”

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SLIDE 9

Concluding Remarks

  • Significance of importing “policy” elements

into regulatory decision making

  • Significance of empowering “consumer”

representation: will they be the contradictor?

  • Larger issues / Regulator’s Role

And the Regulators – the instruments of Regulation – struggle on