Tuesday, April 16, 2024

ACCC accepts Coles fuel discount variation

The ACCC has accepted a variation to an undertaking provided by Coles in 2013 relating to its shopper docket fuel discount offers.

According to the ACCC, the variation to the undertaking will allow Coles to fund shopper docket discounts from outside of Coles Express, as Coles Express will no longer operate as a fuel retailer.

The variation follows Viva Energy’ and Coles’ recently restructured commercial arrangements in relation to Coles Express service stations.

Consumers can continue to redeem Coles’ shopper docket discounts at Coles Express service stations, and petrol discount offers linked to supermarket purchases will remain limited to four cents per litre.

In 2013, after an investigation into the escalating shopper docket fuel discount offers, the ACCC accepted undertakings from both Coles and Woolworths to limit the size and scope of fuel discounts linked to supermarket purchases. The Coles undertaking required these discounts to be funded only through Coles Express, which operated as a fuel retailer until the recent restructured arrangements with Viva Energy.

The ACCC recently accepted a similar variation to the Woolworths undertaking following the sale of Woolworths’ service stations to EG Group.

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