Tag: ACCC

Woolworths-BP deal set to shake up P&C landscape

The $1.785 billion sale of Woolworths’ fuel business to BP is awaiting approval from the ACCC and Foreign Investment Review Board, with completion expected no earlier than January 2, 2018. Meanwhile, the...

ACCC petrol prices report shows decrease

The ACCC’s eighth quarterly report into the petroleum industry reveals a decrease in petrol prices for the quarter ending in September. Petrol prices in the five largest cities decreased by 3.8¢ per litre...

ACCC proposal on Apple Pay bad for retailers, says ARA

The ACCC has proposed to deny authorisation for a number of Australian banks to engage in limited collective bargaining and boycott with Apple in relation to Apple Pay. Bendigo and Adelaide Bank, Commonwealth...

ACCC acts on fire-hazard cigarettes

The ACCC has accepted court-enforceable undertakings from both Philip Morris and Zen Sensation not to supply cigarettes that do not meet the mandatory reduced-fire-risk safety standard. Cigarettes sold in Australia must meet the...

Armidale petrol market lacks sufficient competition

Relatively weak retail competition in Armidale has contributed to the increase in retail margins and profits in recent years, according to the latest regional petrol report from the Australian Competition and Consumer...

ACCC advises franchising industry to consider its agreements

The Australian Competition and Consumer Commission is warning franchisors about potentially unfair contract terms under a new law offering greater protections to small businesses from November 12, 2016. ACCC Deputy Chair Dr Michael...

SA motorists left in the dark on fuel prices

Site-specific fuel prices will no longer be available via the website of the Royal Automobile Association of South Australia (RAA) after a deal was struck between the ACCC and the fuel industry. The...

Petrol savings not passed on

The ACCC has released a report outlining that Australian petrol prices at the bowser are at their lowest levels in 14 years. Prices on average across the five largest cities stood at 121.7cpl,...
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