Media

ACCC grants Bulk Wheat Port Code exemptions at Port of Geelong and Port Adelaide

The Australian Competition and Consumer Commission has issued final determinations that exempt Riordan Grain Services and Semaphore Container Services from having to comply with certain parts of the mandatory Bulk Wheat Code when providing services at their respective Port of Geelong and Port Adelaide facilities.

“The ACCC considers that both Riordan and Semaphore will face significant competitive constraint, specifically from GrainCorp and Viterra,” ACCC Commissioner Cristina Cifuentes said.

ACCC takes action against Ford

The ACCC has instituted proceedings against Ford Motor Company of Australia Limited (Ford) alleging that it engaged in unconscionable and misleading or deceptive conduct, and made false or misleading representations in its response to customer complaints.

The customer complaints were about Ford’s Focus, Fiesta and EcoSport vehicles supplied in Australia between 2011 and 2016, which featured a type of transmission known as PowerShift Transmission (PST).

Egg producer penalised $750,000 for misleading 'free range' claims

The Federal Court has ordered Snowdale Holdings Pty Ltd (Snowdale) to pay penalties totalling  $750,000 for making false or misleading representations that its eggs were ‘free range’, in proceedings brought by the Australian Competition and Consumer Commission.

“This is the highest penalty that a Court has ordered in relation to misleading ‘free range’ egg claims. It reflects the seriousness of Snowdale’s conduct and the importance of egg producers being truthful about marketing claims they make,” ACCC Commissioner Mick Keogh said.

ACCC says Small Businesses just need a level playing field

The Australian Competition and Consumer Commission has taken action over the last six months to ensure small business have a level playing field, as revealed in the 14th edition of the ACCC’s Small Business in Focus report.

“The ACCC is committed to ensuring small businesses receive the protections of the new business-to-business unfair contract terms law, franchising and other industry codes,” ACCC Deputy Chair Dr Michael Schaper said.

ACCC investigating Takata airbag recall

The Australian Competition and Consumer Commission is urgently seeking information from the Department of Infrastructure and Regional Development (DIRD) and car manufacturers regarding Takata airbags at the centre of the largest vehicle recall in history.

Since 2009, more than 2.3 million vehicles in Australia have become subject to the recall of airbags made by Japanese manufacturer, Takata. The airbags are in 60 makes of cars sold in Australia, including Honda, Toyota, BMW, Mitsubishi, Subaru, Lexus, Jeep, Nissan, Chrysler, and Dodge.

Small business in focus - 1 January to 30 June 2017

This twice-yearly report provides a summary of ACCC activities in the small business, franchising and agriculture sectors.

Open markets must benefit consumers or distrust will grow

Markets must work in favour of consumers and the public must be convinced of the benefits of competition or distrust in the market mechanism can grow, Australian Competition and Consumer Commission Chair Rod Sims warned today.

Addressing the 2017 Australian Conference of Economists in Sydney, Mr Sims signalled any loss of public confidence in market economics puts at risk the positive change countries and institutions are capable of if they embrace an open market system.

ACCC urges Horticulture Industry to comply with code

The Australian Competition and Consumer Commission is putting growers and traders in the horticulture industry on notice that they need to take steps to comply with the 2017 Horticulture Code of Conduct, or face penalties and fines.

Addressing the 2017 NSW Farmers Horticulture Forum today, ACCC Commissioner Mick Keogh called on growers and traders to familiarise themselves with the Code and to ensure their businesses are compliant.