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The Australian waterfront: breaking monopoly power
Author(s) -
Evans Ray
Publication year - 1999
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/1468-0270.00154
Subject(s) - monopoly , power (physics) , rank (graph theory) , business , political science , economics , market economy , mathematics , combinatorics , physics , quantum mechanics
Waterfront unions in Australia, as in other countries, enjoyed considerable monopoly power for many years. But, after a ten‐week dispute in 1998, there is a ‘new and very different culture’ on the Melbourne waterfront where operations now ‘rank among the world's best’.