Abstract

To sum up, the lessons Ethiopia can learn from the best experience of Australia include; incorporating clear and tangible objectives to the competition regime, expanding the scope of application of the competition regime to include public enterprises and endowment firms in the country as long as they are carrying out business activities, establishing independent Competition Authority both financially and administratively and making the authority accountable to either the parliament or to the council of ministers, enabling the regional governments to issue subordinate laws and enforcing the same, allowing the private sectors and consumers representatives to participate in the Authority, and mandating the member states to nominate candidates to the TCCPA.

Keywords: Independent competition; Subordinate laws; Country; States to nominate; Australia