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Stephen King

Stephen King is a Professor of Economics and former Dean at Monash University in Melbourne, Australia.

Prior to joining Monash University, Stephen was a Member of the Australian Competition and Consumer Commission (ACCC). Before that, he was a Professor of Economics at the University of Melbourne and a Professor of Management (Economics) at the Melbourne Business School.

Stephen’s main areas of expertise are in Trade Practices economics, regulation and industrial organization. While at the ACCC, Stephen chaired the Mergers Review Committee and was closely involved with a wide range of merger decisions. He was involved in the full range of activities undertaken by the Commission. These included both on-going functions – such as authorisation decisions, regulatory determinations and enforcement actions under the Trade Practices Act – and ad hoc activities undertaken by the Commission. For example, Stephen was one of the three Commissioners who undertook the Part VIIA inquiries into the price of unleaded petrol in Australia and into the Australian grocery industry. He was also one of the two Commissioners presiding over the Services Sydney-Sydney Water Access Dispute. This was the first arbitration completed under Part IIIA of the Trade Practices Act.

Stephen is a Lay Member of the High Court of New Zealand and in 2007 assisted the Court in the appeal by Woolworths and Foodstuffs against a decision of the New Zealand Commerce Commission. He is also a part-time Member of the Economic Regulation Authority of WA, and of the National Competition Council.

A privatised monopoly is still a monopoly, and consumers pay the price
Economics - 25/06/2014 - 17 comments
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