Tag Archives: ACCC

Coles to pay Norco $5.25m following ACCC investigation

Coles will pay dairy co-operative, Norco, around $5.25 million for distribution to its dairy farmer members. This payment follows an ACCC investigation into whether the retailer has “fully passed” on to Norco the 10 cents per litre (cpl) price rise it charged consumers for Coles-branded fresh milk, as it claimed …

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ACCC calls for changes in loyalty schemes

Improvements to customer loyalty schemes and broader legislative reforms are required, according to the ACCC’s final report into customer loyalty schemes. Released on Tuesday, the report recommends loyalty schemes, such as frequent flyer, supermarket and hotel operators, better inform consumers, improve their data practices and stop automatically linking members’ payment cards to …

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Tick of approval for Saputo and Lion cheese deal

The ACCC has decided it will not oppose the proposed acquisition of Lion Dairy & Drinks’ Tasmanian-based cheese business by Saputo Dairy Australia. Saputo is proposing to acquire Lion’s Tasmanian cheese processing plants, located in Burnie and King Island, and Lion’s cheese brands, including South Cape, King Island Dairy and …

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Customer loyalty schemes a cause of concern

Customer loyalty schemes, including frequent flyer, supermarket and credit card operators, must ensure they are not misleading consumers according to an ACCC draft report. The ACCC’s Customer Loyalty Schemes draft report raises concerns about the opaque terms and conditions of loyalty schemes preventing consumers from making informed choices that align with their …

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ACCC focuses on unfair contract terms for small businesses

The ACCC says unfair contract terms are a “key focus” in its latest ‘Small Business in Focus’ report. The twice-yearly report provides an update on key developments in the small business, franchising, and agriculture sectors. It also reports on the ACCC’s continued actions to protect small businesses against terms in a …

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Safe haven for collective negotiation on the cards

The Australian Competition and Consumer Commission is proposing to implement a class exemption that would allow franchisees and fuel retailers to collectively negotiate with their franchisor or fuel wholesalers. The ACCC is trying to gain support for this exemption that would also enable small businesses to collectively negotiate with their …

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Ombudsman lauds Labor stance on unfair contracts

Ombudsman Kate Carnell has welcomed the Labor party’s commitment to three key changes to legislation on unfair contract terms. Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Ms Carnell described Labor’s announced changes to unfair contract terms as “in line with our submission to the review currently being undertaken by …

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ACCC rejects ‘hipster anti-trust’ movement

ACCC Chair Rod Sims has rejected calls to expand competition law in light of what he called the “hipster anti-trust” movement. He made the comments during a keynote address to the RBB Economics Annual Conference in Sydney last week. ‘Inadvisable and counterproductive’ Mr Sims said some commentators were calling into …

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Beware celebrity-endorsement scams, says ACCC

People are increasingly falling for celebrity endorsements scams, says the Australian Competition & Consumer Commission (ACCC), and suffering record losses. Reports to Scamwatch are up 400 per cent and losses have spiked to a shocking $142,000 so far this year. These figures come soon after Australians were found to have …

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