Legislation
Trade Practices Act 1965
Summary
Replaced the Australian Industries Preservation Act 1906. This followed a review by the Commonwealth government of overseas legislation, including that of the US and UK and a number of targetted reviews, including the Royal Commission on Restrictive Trade Practices (WA) 1958 and the Royal Commissioner on Prices an Restrictive Trade Practices (Tasmania) 1965.
The preamble of the TPA 1965 stated "To preserve Competition in Australian Trade and Commerce to the extent required by the Public Interest".
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