The Australian Competition and Consumer Commission has re-authorised Refrigerant Reclaim Australia and participants in the refrigerants industry to continue to co-operate on a scheme to recover refrigerants that threaten the environment.
The ACCC re-authorises the conduct for a further five years. Re-authorisation is subject to conditions that RRA continue to publish certain information about the scheme’s effectiveness on its website.
“The scheme collects and destroys gases that are particularly harmful to the environment if they escape to the atmosphere. Many deplete the ozone layer, which absorbs dangerous radiation,” ACCC Deputy Chair Delia Rickard said.
“Continued industry agreement on this scheme is unlikely to materially impact competition between suppliers but it is likely to result in public benefits, including more abatement of emissions and greater efficiency.”
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 about the application for authorisation is available on the public register.
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