Petrol market studies
Market studies were conducted between 2015 and 2017. They looked into specific petrol issues and analysed the price drivers of petrol in regional markets.
Fuel
ACCC releases June quarter 2015 petrol report
The Australian Competition and Consumer Commission has released the third quarterly report into the Australian petroleum industry for 2015.
“There are some in the community that believe that the ACCC sets fuel prices, or can take action if fuel prices are set significantly above cost. This is not correct. The ACCC does not set wholesale or retail petrol prices in Australia, and it is not illegal to price above cost. Petrol prices are determined by the market,” ACCC Chairman Rod Sims said.
ACCC announces third regional petrol market study in Armidale
The Australian Competition and Consumer Commission has announced that Armidale will be the third regional location to be studied as part of the petrol monitoring arrangements launched by the Minister for Small Business, the Hon Bruce Billson MP, in December 2014.
These detailed regional market studies aim to explain each component of the prices paid at the bowser to understand why prices are higher in some regional locations.
ACCC concludes investigation into Armidale fuel prices
The Australian Competition and Consumer Commission has concluded an investigation into alleged anti-competitive conduct by fuel retailers in Armidale, following concerns raised late last year regarding high petrol prices.
The ACCC did not find evidence of cartel conduct during the course of this investigation and has decided to end its investigation.
ACCC announces second regional petrol market study in Launceston
The Australian Competition and Consumer Commission has announced that Launceston will be the second regional location to be studied as part of the petrol monitoring arrangements launched by the Minister for Small Business, the Hon Bruce Billson MP, in December 2014.
The in-depth regional market studies aim to explain each component of the prices paid at the bowser to understand why prices are higher in some regional locations.