7-Eleven has been granted interim approval to work with franchisees to reduce trading hours or close stores amid a drop in customer demand due to COVID-19. The ACCC approved the move last week, as 7-Eleven own and operating stores in competition with its franchisees in some areas. ACCC chair Rod Sims said the move was […]
7-Eleven to work with franchisees on closures amid COVID-19 Read More »
The ACCC has put petrol retailers on notice, warning they should not use the slump in fuel prices as a chance to increase profits. The consumer watchdog is particularly focussed on regional areas, where it said lower prices have not been passed on to consumers. Global fuel prices hit a historic low this week
ACCC put regional petrol retailers on fuel price watch Read More »
The Council of Small Business Organisations Australia have taken aim at Coles and Woolworths, claiming the supermarket giants have been buying up food and essentials to warehouse. COSBOA CEO Peter Strong claimed the two dominant grocery players were harming competition by making it harder for small businesses to access products which were already at
COSBOA accuse supermarket giants of hoarding stock Read More »
Hoaders attempting to sell their stockpile of hand sanitiser, toilet paper and other essential goods at inflated prices are having their ads pulled from eBay, Gumtree and Facebook. It come as supermarket shelves across Australia have been stripped of the now-premium goods, leaving many vulnerable people, including the elderly and health workers, unable to access
Price gouging ads for hand sanitiser, toilet paper pulled from online selling sites Read More »
The NRMA have joined calls for petrol retailers to drop the price of petrol, as reports last week showed some were charging 60c per litre above the wholesale price. Amid a sudden and sharp drop in global fuel demand on the back of Coronavirus travel bans and lock down restrictions, the wholesale price for
NRMA join call for petrol price drop Read More »
The ACCC are warning they will name and shame businesses who don’t pass on falling fuel prices to consumers. Price drops in crude oil and refined petrol which began in January continued through February, when average prices in major cities saw significant falls. Including Sydney, where the average price was 141.1 cents per litre, 8.2
ACCC to closely monitor petrol prices Read More »
The Australian Competition and Consumer Commission have announced they will not appeal the Federal Court’s decision to allow a proposed merger between TPG Telecom and Vodafone Hutchison Australia to proceed. C&I reported the court had granted approval for the deal last month, which would see the companies join forces to become one fully-integrated telecommunications company;
ACCC abandon TPG/Vodafone merger appeal Read More »
The proposed $15 billion merger of Vodafone and TPG has been given the green light by the Federal Court, stating they did not consider it would lessen competition. Vodafone welcomed the decision, with VHA chief executive officer Iñaki Berroeta saying it would allow for ‘greater investment’ in 5G and other next generation networks. “It’s been
TPG-Vodafone merger given green light Read More »
Recent, largely OPEC-inspired, increases in wholesale petrol prices have seen price increases in Sydney, and the ACCC is concerned that prices in other capital cities may follow.
ACCC: urges motorists to buy now and avoid petrol price spikes Read More »
ACCC says fuel prices have decreased by an average of 3.8 cpl in the quarter ending September 2016.
Petrol prices drop, but NSW squeezed by ethanol mandate Read More »
ACCC’s report on the Armidale petrol market shows impact of competition and transparency on average petrol prices.
ACCC releases Armidale petrol report Read More »
ACCC chairman says sale of Woolworths petrol will be “extremely closely scrutinised”.
Woolies petrol sale under scrutiny by competition watchdog Read More »
“Enabling convenience stores to compete in the packaged alcohol market would open up an important new revenue opportunity for small businesses.”
AACS stirs calls for liquor licensing review Read More »
