At the ABARES Outlook Conference in Canberra, Chairman Rod Sims previews the ACCC's new increased focus on agriculture issues. As part of the session on increasing efficiencies in supply chains, Mr Sims also discusses the regulation of monopoly infrastructure and issues relevant to the agricultural sector.
The Australian Competition and Consumer Commission welcomes the Government’s appointment of Mick Keogh as Commissioner.
“Competition and consumer issues in the agriculture sector are a priority area for the ACCC. Mick Keogh has a long history of involvement with the agriculture sector and his experience will be invaluable to the ACCC when making decisions on agriculture matters,” ACCC Chairman Rod Sims said.
Chairman Rod Sims today announced the Australian Competition and Consumer Commission’s compliance and enforcement priorities at a CEDA event in Sydney.
“In the area of competition law, we will continue to take a strong line on cartel conduct, anti-competitive conduct and practices, and where we can, misuse of market power,” Mr Sims said.
“We have around 20 cartel investigations under way at any one time and we expect one or two criminal prosecutions this year and some other important civil proceedings.”
“The Australian Competition and Consumer Commission has identified some competition concerns in its investigation into allegations that nine meat processors collectively boycotted the prime cattle sale at the Barnawartha saleyard on 17 February 2015. However, the evidence obtained by the ACCC did not demonstrate that the processors had reached an agreement not to attend the sale,” ACCC Chairman Rod Sims said.
Following concerns raised by the Australian Competition and Consumer Commission, the major supermarkets have taken steps to clarify the implementation of the Food and Grocery Code of Conduct (Code) with their suppliers.
Woolworths and Aldi have written to their suppliers clarifying that suppliers are able to negotiate the terms of their Grocery Supply Agreements (GSAs). They have also clarified the effect of the Code on their GSAs and the circumstances in which certain payments may arise.
The Australian Competition and Consumer Commission has released a final decision to approve Viterra’s proposal to introduce long term agreements (LTAs) to allocate port capacity at its six South Australian bulk wheat ports.
“The ACCC considers that Viterra’s proposal, submitted in November, substantially addresses concerns raised in the ACCC’s draft assessment to not approve Viterra’s June proposal,” ACCC Commissioner Cristina Cifuentes said.
The Australian Competition and Consumer Commission welcomes the release of the Government’s response to the recommendations of the Harper Review.
“The ACCC supports the Government’s new micro economic reform agenda, which strongly affirms competition principles as a basis for action,” ACCC Chairman Rod Sims said.
The ACCC particularly endorses the removal of regulatory barriers to competition across a variety of sectors.
The Australian Competition and Consumer Commission is urging businesses to closely review the standard form contracts they use when dealing with other businesses.
A new law will take effect on 12 November 2016, following a 12-month transition period, that offers small businesses protections against unfair contract terms offered by other (usually larger) firms.
The Australian Competition and Consumer Commission has issued a draft determination that proposes to deny authorisation to the Australian Cotton Shippers Association (Cotton Shippers) for coordination between its merchant members to change the way the industry classes cotton for contracts between growers and merchants.
The Australian Competition and Consumer Commission will do what it can to ensure the Food and Grocery Code of Conduct succeeds, Chairman Rod Sims said today at an industry forum hosted by the Australian Food and Grocery Council (AFGC) in Canberra.
“We are confident the Code can succeed in achieving its objectives. It can redress the imbalance in bargaining power that often exists between suppliers and larger grocery retailers by prohibiting certain types of unfair conduct, and by requiring retailers to deal with suppliers in good faith at all times,” Mr Sims said.