Follow-up report
The Wine grapes market study – follow-up report was released in December 2021
Agriculture
JBS' proposed acquisition of Rivalea not opposed
The ACCC will not oppose JBS Australia Pty Ltd’s (JBS) proposed acquisition of Rivalea Holdings Pty Ltd and Oxdale Dairy Enterprise Pty Ltd (together, Rivalea) finding that the transaction is not likely to substantially lessen competition.
JBS processes and supplies fresh pork, value-added pork products and pork smallgoods to wholesalers and retailers in Australia, including through its subsidiary Primo. JBS currently operates one pig abattoir and processing facility in South Australia.
ACCC flags increased enforcement of Dairy Code
Dairy processors have generally improved their compliance with the Dairy Code for the start of the 2021-22 season, but there are still areas of non-compliance that need to be addressed. That is according to a new ACCC report that looks at Dairy Code compliance during the opening of the 2021-22 season.
Agrison to pay penalty and compensation for misleading tractor buyers
The Federal Court has ordered AA Machinery Pty Ltd (trading as Agrison) to pay a penalty of $220,000 after it admitted making false or misleading representations to customers about the warranties and after-sales services, in breach of the Australian Consumer Law.
The Court also ordered Agrison to pay redress to four consumers that bought tractors or wheel loaders, which will amount to approximately $64,000.
Purchaser guidance
If you are looking to buy a piece of agricultural machinery, there are some important questions that you should ask yourself before you buy.
Dairy Farmers Milk Co-operative pays penalty for alleged Dairy Code breach
The Dairy Farmers Milk Co-operative Limited (DFMC) has paid a penalty of $11,100 after the ACCC issued it with one infringement notice for allegedly failing to comply with its publishing obligations under the Dairy Code.
The Dairy Code requires most companies that buy milk from farmers to publish standard form milk supply agreements on their websites by 2.00pm on 1 June each year. These agreements must cover all the circumstances in which the company intends to purchase milk in the upcoming dairy season, so farmers can compare the minimum prices and contract terms on offer.
JBS' proposed acquisition of Rivalea raises preliminary competition concerns
The ACCC has outlined its preliminary competition concerns about JBS Australia Pty Ltd’s (JBS) proposed acquisition of Rivalea Holdings Pty Ltd and Oxdale Dairy Enterprise Pty Ltd (together, Rivalea) in a statement of issues published today.
JBS is Australia’s largest meat and food processing company. Rivalea farms and processes pigs. If the acquisition proceeds, JBS will have a significant presence in pig farming, export accredited pig abattoirs, and smallgoods through its Primo brand.