Media

Quarterly report on the Australian petroleum market - June quarter 2017

The eleventh quarterly report under the petrol monitoring arrangements announced by the then Minister for Small Business, the Hon. Bruce Billson MP, in December 2014.

ACCC proposes to authorise roll out of Woolworths' discount programs to participating BP sites

The Australian Competition and Consumer Commission has issued a draft decision proposing to grant conditional authorisation to a commercial alliance between BP Australia Pty Ltd, BP Resellers, and Woolworths Limited (ASX:WOW).

Authorisation would allow participating BP service stations to accept Woolworths shopper dockets and participate in the Woolworths Rewards loyalty program, if BP is successful in acquiring Woolworths’ service stations.

ACCC takes ticket reseller Viagogo to court

The ACCC has instituted proceedings in the Federal Court against ticket reseller viagogo AG (Viagogo) alleging it breached the Australian Consumer Law when reselling entertainment, music and live sport tickets from 1 May 2017 to 26 June 2017.

The ACCC alleges that Viagogo made false or misleading representations, and engaged in misleading or deceptive conduct, regarding the price of tickets on its online platform by failing to disclose substantial fees.

ACCC calls for comment on Platinum Equity's proposed acquisition of OfficeMax

The Australian Competition and Consumer Commission has flagged initial concerns in relation to the proposed acquisition of OfficeMax Australia by Platinum Equity. Platinum Equity recently acquired the Australian and New Zealand businesses of Staples Inc.

The ACCC has today outlined its preliminary view that combining Staples and OfficeMax may substantially lessen competition in the supply of traditional office products such as stationery, notebooks, and copy paper to large commercial and government customers in Australia.

ACCC will not oppose Birketu and Illyria's proposed acquisition of Ten

The ACCC has announced that it will not oppose Birketu Pty Ltd (Birketu) and Illyria Nominees Television Pty Ltd’s (Illyria) proposed joint bid to acquire Ten Network Holdings Limited (Ten).

Birketu, owned by Bruce Gordon, and Illyria, owned by Lachlan Murdoch, propose to each acquire a 50 per cent interest in Ten, and to operate it as a joint venture entity. Mr Gordon and Mr Murdoch have links with a number of media assets in Australia.

Watch out for NBN scams

The ACCC is warning the community that scammers are pretending to be from NBN to con victims out of their money and personal information.

Scamwatch has received 316 complaints this year about scammers impersonating NBN with nearly $28,000 reported lost.

“Scammers are increasingly using trusted government brands like NBN to trick people into falling for scams. Their goal is always to either get hold of your money or personal information,” ACCC Deputy Chair Delia Rickard said.

The three common scams reported to Scamwatch that involve scammers impersonating NBN are:

ACCCount 1 April to 30 June 2017

ACCCount details the ACCC's activities in the enforcement of the Competition and Consumer Act 2010, merger reviews, compliance actions, adjudication issues, economic regulation and international involvement.

ACCC wants NBN plan advertising overhaul

The ACCC has published guidance for retailers on how to advertise speeds for NBN broadband services, including clearly identifying typical minimum speeds during peak periods.

The publication, Broadband Speed Claims – Industry Guidance, seeks to move retailers from advertising their services based on the maximum internet speeds that may be delivered during off-peak periods, to the speeds consumers can expect to achieve during the busy evening periods between 7pm and 11pm.

ACCC proposes to approve collective bargaining between Licensed Post Offices and Australia Post

The Australian Competition and Consumer Commission has issued a draft determination proposing to grant authorisation to Licensed Post Office Group Ltd (LPO Group) and its current and future licensed post office members to collectively negotiate with Australia Post.

LPO Group and its members are seeking to collectively negotiate and enter into a new agreement with Australia Post, or vary the agreements that are currently in place for the provision of postal and distribution services by Licensed Post Offices (LPOs).