Australian & Saudi Arabian React and Act Against Anti-Competitive Behavior in Telecommunication factor
The assessment: compare and contrast between Australian and Saudi Arabian regimes in dealing with anti-competitive actions in telecommunication sector. Ø Introduction A prosecution in 388 BC, resulting from an incident in Greece, was the first trial that confronted unfair trading activity resulting from the adoption of anti-trust methods to affect the market balance by eliminating or destroying competitors. This brought to the attention of the lawyers of that day the potential dangers inherent in commercial conduct. [1] The Greek incident occurred when a group of grain merchants stored goods for a while and spread rumours about an expected shortage in grain supply, and also the probable chance of war. As a result, the traders made an unreasonable profit arising from the increased selling price of the grain due to the panic they created among the people. In consequence, the authorities arrested the merchants for causing an imbalance in the market, together with