Tag: ACCC

Petrol prices ended bumpy year slightly lower as demand rebounded

MEDIA RELEASE 04.03.2021 Petrol prices in Australia’s five largest cities stabilised at the end of 2020 after an unpredictable year and petrol sales volumes continued to recover from their earlier pandemic-driven slump. That’s according...

Lower gas prices may not last

Triggered by the Covid-19 pandemic, gas prices fell significantly. While lower prices are providing some relief to manufacturers and other gas users on Australia’s east coast, prices were still higher than export parity,...

Ombudsman concerned with Woolworths’ ‘opportunistic’ PFD acquisition

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell shares the ACCC’s concerns about Woolworths’ proposal to acquire 65% of PFD Food Services. In October, the Ombudsman wrote to the ACCC to...

ACCC concerned with Woolworths’ PFD acquisition

The ACCC has outlined preliminary competition concerns with Woolworths’ proposal to acquire 65% of PFD Food Services. According to ACCC Chair Rod Sims, the organisation is concerned that the proposed acquisition seems “likely”...

Peters allegedly hinders competition in ice-cream supply

The ACCC is instituting Federal Court proceedings against Peters Ice Cream (Peters). It’s alleging it engaged in conduct which hindered or prevented competition for the supply of single-wrapped ice creams to petrol and...

ACCC appeals court’s decision on Employsure Google Ads

Media Release 29 October, 2020 The ACCC has lodged an appeal against the Federal Court’s decision to dismiss its case against Employsure, in which the ACCC alleged that Employsure’s Google Ads misrepresented that Employsure...

Amaysim and Lycamobile pay penalties for false advertising

Amaysim Australia Ltd (ASX:AYS) and Lycamobile Pty Ltd are paying penalties totalling $126,000 and $12,600 respectively. The ACCC issued the companies with an infringement notice for alleged false or misleading representations about their...

ACCC authorises 6-month cooperation period

The ACCC grants authorisation to the Australian Institute of Petroleum (AIP), and major oil refiners to continue cooperating on measures to improve the security of fuel supplies. Unpredictable change can occur due to...
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