The ACCC has issued a final notice rejecting a proposal by Stanley Black & Decker to set a minimum advertised price for Dewalt brand power tools, accessories and attachments.
The ACCC has assessed Stanley Black & Decker’s resale price maintenance notification and concluded that any public benefits that resulted from setting minimum advertised prices for the Dewalt products would not outweigh the likely detriments.
Nearly all businesses removed GST on menstrual products from 1 January 2019, resulting in lower prices, a new report from the ACCC has found.
The ACCC has issued a monitoring report today examining the prices, costs and profits relating to the supply of menstrual products in the feminine hygiene industry in Australia, following a direction from the Treasurer the Hon Josh Frydenberg in November 2018.
The ACCC welcomes businesses implementing the removal of the GST on time and reflecting this with lower prices.
The ACCC published its report to the Treasurer on 29 March 2019.
For the full report, see: Price monitoring of menstrual products following GST changes
The Federal Court has ordered former Murray Goulburn Co-operative Managing Director Gary Helou to pay $200,000 in penalties for being knowingly concerned in Murray Goulburn’s false or misleading claims about the farmgate milk price it expected to pay dairy farmers during the 2015-16 milk season.
“The penalty imposed against Mr Helou reflects his seniority at Murray Goulburn and involvement in misleading representations about the farmgate milk price,” ACCC Deputy Chair Mick Keogh said.
Traders must give growers regular statements about how they dealt with the grower’s produce during a particular period.
Traders and growers need to keep a written record of any other grower or trader they deal with for at least six years. In addition there are specific record keeping obligations for both traders and growers.
We have a range of enforcement options available to us, including issuing warnings, investigating the conduct, issuing infringement notices or commencing legal proceeding.