The Australian Competition and Consumer Commission has issued a Consultation Paper seeking submissions from stakeholders on Viterra’s proposed auction system for the use of its port services for bulk wheat export.
Under the Access Undertaking accepted by the ACCC in September 2011, Viterra must replace its first come, first served capacity allocation system with an auction.
Viterra has proposed an auction system which is set out in its Auction Variation Notice.
The ACCC oversees port access arrangements for wheat exporters as part of the deregulation of the wheat industry. Access undertakings are intended to ensure that third party exporters are able to access the port terminals operated by vertically integrated port terminal operators, ensuring competition in the market for the export of bulk wheat.
Further information on Viterra’s proposal, the consultation process and how to make written submissions is available on the ACCC’s website.