The Australian Competition and Consumer Commission has issued a draft determination proposing to grant authorisation to Myer to enable it to continue to invite 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.
"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 promotions," ACCC Commissioner Dr Jill Walker said.
The ACCC is seeking submissions from interested parties in relation to its draft determination, before making a final decision.
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 draft determination is available on the authorisation register.
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