Competition

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The ACCC has outlined its preliminary competition concerns with Elders Limited (Elders)’ (ASX:ELD) proposed acquisition of Delta Agribusiness (Delta) in a Statement of Issues published today. Elders and Delta supply rural merchandise such as agricultural chemicals, seed, fertiliser, animal health products and related services, such as agronomy services, through their retail networks. Both companies also…

Read More ACCC Expresses Concern at Proposed Agribusiness Acquisition

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The Productivity Commission (PC) has identified 15 priority reform areas for further exploration under the five productivity inquiries commissioned by the Government. The PC is seeking input on these reform areas to inform the draft recommendations in our interim reports. “Boosting productivity is the only sustainable way to improve Australians’ living standards, but productivity growth…

Read More Productivity Commission Opens 5 Key Inquiries

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The ACCC has released a draft determination proposing to grant authorisation with conditions to allow the Australian Sustainable Finance Institute (ASFI) and industry participants to collaborate on sustainable finance initiatives for five years. ASFI is seeking authorisation for itself, ASFI members and other industry participants to exchange information to improve the integration of natural capital…

Read More ACCC’s draft authorises collaboration on sustainable finance initiatives

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The ACCC has marked a further milestone in the transition steps towards the new merger regime with the release of the draft merger assessment guidelines for consultation. The merger assessment guidelines outline the analytical framework the ACCC will apply when assessing notified acquisitions under the new regime, reflecting best practice for competition assessments.  While the new regime…

Read More ACCC opens consultation on assessment guidelines for merger reform

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ACCC Chair Gina Cass-Gottlieb has stressed the positive impacts of a competitive economy for consumers as she outlined the agency’s priorities for the 2025-26 financial year. Speaking at a Committee for Economic Development of Australia event in Sydney today, Ms Cass-Gottlieb outlined the agency’s annual compliance and enforcement priorities which include working decisively on consumer…

Read More ACCC releases 2025-26 enforcement and compliance priorities

Consulting

The ACCC has welcomed today’s start of consultation by the Australian Government on the implementation of a new digital competition regime in Australia. The consultation comes after the Government’s in-principle agreement to competition reforms recommended by the ACCC to address harms caused by digital platforms. “This is an important opportunity for consumers, businesses and other interested parties…

Read More Consultation Opens for New Digital Competition Reform in Australia

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The ACCC has granted interim authorisation to Virgin Australia and Qatar Airways, allowing them to engage in cooperative conduct under an integrated alliance. The ACCC has also accepted a court enforceable undertaking from Virgin Australia and Qatar Airways in relation to the conduct. Under the interim authorisation, Virgin Australia and Qatar Airways can commence marketing and selling…

Read More Interim Authorisation for Flights and Marketing for Doha to Australia Granted by ACCC

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Domestic airline passengers face less choice and higher airfares following Rex’s recent exit from services between metropolitan cities, the ACCC’s latest Domestic Airline Competition report has found. Since Rex suspended operations on its services between metropolitan cities on 31 July 2024, the average airfare on all Major City routes has increased by 13.3 per cent to September…

Read More Less Competition and Higher Prices as Rex Suspends Operations

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The ACCC is seeking views on a proposed court-enforceable undertaking offered by Sigma Healthcare Limited (ASX: SIG) in relation to its proposed acquisition of Chemist Warehouse Group Holdings. Sigma is one of the largest wholesalers of prescription medicines, over the counter and front of store products. Sigma is also a franchisor of pharmacies under banners…

Read More ACCC seeks Consultation on Potential Competition Concerns with Sigma/Chemist Warehouse Acquisition

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The ACCC will continue to closely monitor domestic airfares on services between metropolitan cities following Rex’s withdrawal from this market, the ACCC’s latest domestic airline competition report states. The report shows improved conditions for consumers with declines in airfares, reduced cancellations and improved on time rates for flights over the first half of 2024. However, the ACCC…

Read More ACCC Finds New and Expanding Airlines Face ‘significant challenges’ as Concern Remains Over Domestic Airline Competition

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The Senate Standing Committee on Economics has recently opened an inquiry into the price setting of ‘big box’ retailers with submissions open now until 27 September 2024. The Committee’s Terms of Reference for the inquiry and subsequent report to the Australian Senate is: a.  the market behaviours of such retailers, including price negotiation practices, abuse…

Read More Inquiry into ‘big box’ retailer price setting