Coles Group Limited - s.87B undertaking

The ACCC has accepted a section 87B Undertaking from Coles Group Limited (ACN 004 089 936) (Coles Group), Coles Supermarkets Australia Pty Ltd (ACN 004 189 708) (Coles Supermarkets), and Eureka Operations Pty Ltd (ACN 104 811 216) (Eureka) (together Coles).

The ACCC has been investigating fuel savings offers made by Coles Supermarkets to customers in 2012 and 2013 in the amount of 8 cents per litre and in some cases higher amounts.

Pursuant to the Undertaking, Coles will not make or allow fuel discounts where those discounts are:
(a)          not funded wholly by the fuel subsidiary or division of Coles;
(b)          greater in value than 4 cents per litre and, contingent on purchases of goods or services at a store or business separate from the retail fuel outlet.