The ACCC has issued a final notice revoking a resale price maintenance (RPM) notification lodged by Meredith Dairy, which would have prevented retailers selling its goat cheese products below a price set by Meredith Dairy.
Meredith Dairy had raised concerns that smaller retailers promoting its products at low prices to compete with major supermarket chains had led to demands from other retailers for lower wholesale prices.
After 1 July, Australian consumers will have much greater certainty about the origins of the food they buy, due to the introduction of mandatory Country of Origin food labelling. The ACCC will conduct market surveillance checks on 10,000 food products to ensure businesses are correctly displaying the new labels.
All businesses–including manufacturers, processors and importers that offer food for retail sale in Australia–will need to comply with the Country of Origin Food Labelling Information Standard, which specifies how claims can be made about the origin of food products.
Supermarkets need to improve the way they notify suppliers when delisting their products to avoid breaching the Food and Grocery Code of Conduct, ACCC Chairman Rod Sims said today at the Australian Food and Grocery Council’s forum in Canberra.
Australian Competition and Consumer Commission Chairman Rod Sims provides an update on grocery issues at the Australian Food & Grocery Council Leaders Forum in Canberra. He talks about the Food and Grocery Code of Conduct, misleading health claims, recent work in agriculture and the ACCC's role in assisting with competition issues and free trade agreements.