The Australian Competition and Consumer Commission has granted authorisation to Myer to continue inviting certain businesses operating within Myer Stores to participate in various promotions.
Myer allows a number of merchandise and service suppliers to operate businesses within Myer stores. Such businesses are sometimes known as concessions or licensee businesses.
These 'stores within stores' display and sell only the brand of product promoted and sold by the relevant licensee business, and are operated independently of Myer.
Authorisation enables Myer to invite licensee businesses to participate in storewide and category wide promotions that may otherwise raise concerns under the Competition and Consumer Act 2010.
"The ACCC considers that the arrangements are likely to continue to result in public benefit in the form of enhanced competition including reduced prices for consumers and through the simplification of Myer’s promotions," ACCC Commissioner Dr Jill Walker said.
Authorisation provides statutory protection from court action for conduct that might otherwise raise concerns under the competition provisions of the Competition and Consumer Act 2010. Broadly, the ACCC may grant an authorisation when it is satisfied that the public benefit from the conduct outweighs any public detriment.
Further information on the determination is available on the authorisation register.