Tag Archives: ACCC

Viva’s proposed acquisition of Liberty’s wholesale business not opposed

The ACCC won’t oppose the proposed acquisition of the remaining 50 per cent interest in Liberty Oil Holdings’ wholesale business by Viva Energy Australia. Viva and Liberty are both wholesalers and retailers of fuel products. The proposed acquisition involves Liberty’s wholesale business only. Viva’s interest in Liberty’s retail business, says …

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Ombudsman raises franchisee red flag

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is urging prospective franchisees to do their homework before investing after the ACCC found some franchisors are failing to provide adequate information to buyers. One-in-three franchisors fail to disclose useful information The regulator found one-in-three franchisors in the food services …

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ACCC focuses on unfair contract terms for small businesses

The ACCC says unfair contract terms are a “key focus” in its latest ‘Small Business in Focus’ report. The twice-yearly report provides an update on key developments in the small business, franchising, and agriculture sectors. It also reports on the ACCC’s continued actions to protect small businesses against terms in a …

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Safe haven for collective negotiation on the cards

The Australian Competition and Consumer Commission is proposing to implement a class exemption that would allow franchisees and fuel retailers to collectively negotiate with their franchisor or fuel wholesalers. The ACCC is trying to gain support for this exemption that would also enable small businesses to collectively negotiate with their …

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Report calls for substantial changes to Franchising Code of Conduct

Disclosure and transparency are still necessary, according to the Fairness in Franchising report, but are insufficient to protect franchisees operating small businesses against the abuse of contractual power by some franchisors. The Fairness in Franchising report was released by the Parliamentary Joint Committee on Corporations and Financial Services on March …

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Ombudsman lauds Labor stance on unfair contracts

Ombudsman Kate Carnell has welcomed the Labor party’s commitment to three key changes to legislation on unfair contract terms. Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Ms Carnell described Labor’s announced changes to unfair contract terms as “in line with our submission to the review currently being undertaken by …

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More fuel-price choice than ever before, says ACCC

Australians have more choice than ever before when buying petrol, according to the Australian Competition & Consumer Commission (ACCC). The ACCC says motorists should take advantage of this increased choice. They should be “shopping around” to maximise the benefits of cheaper fuel, loyalty programs and convenience-store items, even in-store cafés. …

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