Tag: Rod Sims

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...

Gross retail margins for petrol at record highs

Average petrol prices in the June quarter 2020, says the ACCC, fell to their lowest level in 21 years in real inflation adjusted terms as a result of the Covid-19 pandemic. Gross...

The very bad, and some good, from COVID-19

Media Release The COVID-19 pandemic is dramatically changing the global economic landscape and causing severe disruption to Australian small businesses, ACCC Chair Rod Sims said today. “Many small businesses are doing it tough, and...

7-Eleven granted authorisation to alter trading hours

Due to reduced customer demand, 7-Eleven and its franchisees have been granted conditional interim authorisation to discuss potential temporary store closures, or reduced trading hours. 7-Eleven owns and operates stores in competition with...

Retailers to collectively negotiate rent relief during COVID-19

By Marcela Araneda Retailers can now collectively bargain with landlords about rent relief during the COVID-19 pandemic after the ACCC granted interim authorisation to the Australian Retailers Association (ARA) and its current and...

Motorists should benefit from falling oil prices

Petrol retailers, says the ACCC, should not use the current pandemic to further increase profits. Instead, they should pass on the full benefit of falling oil prices to motorists. According to the ACCC,...

Competition will create a stronger economy

Media Release 30 March, 2020 Competition will be key to driving economy recovery Competition has a critical role to play in getting the economy running efficiently again post the COVID-19 pandemic and economic crisis, ACCC...
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