What is a bare trustees' power of sale of trust assets and to make distributions to creditors in insolvency?

Recent Changes to Restrictive Trade Practices and Price Fixing

The recent decision of the High Court in the case, Australian Competition and Consumer Commission v Flight Centre Travel Group Ltd [2016] HCA 49, has qualified the application of restrictive trade practices in relation to agency arrangements and confirmed that a principal and agent may be considered competitors in certain circumstances.