The Australian Competition and Consumer Commission has granted conditional authorisation to the Real Estate Institute of Western Australia (REIWA) and its current and future members in relation to arrangements contained in REIWA’s Membership Framework.
The Australian Competition and Consumer Commission has granted authorisation to a Charter Alliance Agreement between Virgin Australia Airlines (ASX:VAH), Virgin Australia Regional Airlines (VARA), and Alliance Aviation Services (Alliance Airlines; ASX: AQZ).
The Australian Competition and Consumer Commission has authorised the South Australian Chamber of Mines and Energy, along with 27 other South Australian businesses, to establish a joint electricity purchasing group for 11 years.
Authorisation will allow the joint buying group to attempt to secure reliable electricity supply arrangements for its members at competitive prices. Together, the group’s total load of 269 MW accounts for around 16 per cent of electricity demand in South Australia and less than one per cent of the National Electricity Market.
The Australian Competition and Consumer Commission has authorised members of the Canegrowers Organisation to collectively bargain cane supply and related contracts with mill owners and sugar marketers for ten years.
“This authorisation can provide an opportunity for growers, millers and sugar marketers to negotiate mutually beneficial contracts without breaching competition laws. It is up to the parties to decide the extent to which they take up this opportunity,” ACCC Commissioner Mick Keogh said.
The Australian Competition and Consumer Commission has issued a draft determination proposing to allow the South Australian Chamber of Mines and Energy, along with 24 other South Australian businesses, to establish a joint electricity purchasing group. The ACCC proposes to grant authorisation for 11 years.
The ACCC has also granted interim authorisation to allow the parties to commence a joint tender for the supply of electricity immediately.
The Australian Competition and Consumer Commission has issued a determination denying authorisation to the Commonwealth Bank of Australia, Westpac Banking Corporation, National Australia Bank, and Bendigo and Adelaide Bank (the banks) to collectively bargain with Apple and collectively boycott Apple Pay.
“The ACCC is not satisfied, on balance, that the likely benefits from the proposed conduct outweigh the likely detriments. We are concerned that the proposed conduct is likely to reduce or distort competition in a number of markets,” ACCC Chairman Rod Sims said.
The Australian Competition and Consumer Commission has issued a final determination denying authorisation to 16 insurance companies to agree to a cap of 20 per cent on commissions paid to car dealers who sell their add-on insurance products.
“The ACCC is denying authorisation because we believe this proposal is unlikely to change sales incentives or the quality of products, and consumers will still be sold products without being given adequate information or opportunity to make a considered decision,” ACCC Chairman Rod Sims said.
The Australian Competition and Consumer Commission welcomes transparency reports published by Medicines Australia member companies in accordance with the Code of Conduct authorised by the ACCC in April 2015.
The Code sets the standards for the marketing and promotion of prescription pharmaceutical products in Australia by member companies. The reporting regime requires identification of ‘transfers of value’, such as speaking fees, advisory board fees, and sponsorships to attend conferences, made by member companies to individual healthcare professionals since October 2015.
The Australian Competition and Consumer Commission has issued a draft determination proposing to deny authorisation to 16 insurance companies to agree to a cap of 20 per cent on commissions paid to car dealers who sell their add-on insurance products.
The Australian Competition and Consumer Commission has denied authorisation to Council Solutions and a group of five metropolitan Adelaide councils which had applied to jointly procure waste management services in Adelaide.
Council Solutions, Adelaide City Council, Charles Sturt, Marion, Tea Tree Gully, and Port Adelaide Enfield sought authorisation for 17 years to jointly procure the supply of waste collection, recyclables, organics collection and processing, and waste disposal services.