Section 71 Federal Competition and Consumer Protection Act 2018

Section 71 of the Federal Competition and Consumer Protection Act 2018 is about Criteria for identifying the relevant market. It is under Part IX (Abuse of a Dominant Position) of the Act.

For the purpose of delineating the relevant market under this Act, the criteria that shall be taken into account include the –
(a) geographical boundaries that identify groups of sellers and buyers of goods or services within which competition is likely to be restrained;

(b) goods or services which are regarded as interchangeable or substitutable by the consumer by reason of their
characteristics, prices and the intended use; and

(c) suppliers to which consumers may turn to in the short term, if the abuse of dominance leads to a significant increase in price or to other detrimental effect upon the consumer.