Legislation
Australian Industries Preservation Act 1906
Summary
The first federal Restrictive Trade Practices legislation in Australia. This Act was influenced by the Sherman Act. It prohibitedd combinations and monopolies relating to trade or commerce (sections 4 and 7) and combinations in restraint of trade (sections 5 and 8).
Sections 5 and 8 were subsequently (in 1909) declared unconstitutional by the High Court (Huddart Parker & Co v Moorehead (1909) 8 CLR 330).
The Act was amended a number of times and repealed in 1965. It was considered largely ineffective for the 60 years of its operation.
