The Australian Competition and Consumer Commission has granted authorisation to coordinate airline services for five years to Virgin Australia Airlines, the HNA Aviation Group, Hong Kong Airlines and Hong Kong Express Airways. The Alliance Framework Agreement may see additional airline services operate between Australia and mainland China, and Australia and Hong Kong.
The Australian Competition and Consumer Commission is pleased to announce that Ms Jeanne Pratt of the Canadian Competition Bureau will be acting Executive General Manager of its Merger and Authorisation Review Branch as part of a 12-month interchange.
Ms Pratt will be replacing Mr Rami Greiss, who will take on the position of Senior Deputy Commissioner, Cartels and Deceptive Marketing Practices Branch at the Canadian regulator, where Ms Pratt is currently Senior Deputy Commissioner, Mergers and Monopolistic Practices Branch.
The Australian Competition and Consumer Commission has decided to grant interim authorisation to LPO Group ltd (LPO Group) and its current and future licensed post office members to collectively negotiate, enter into and give effect to agreements with Australia Post. The scope of interim authorisation is limited to licensee payments and commissions as part of the annual payment review, as well as remuneration for any new services introduced by Australia Post.
The Australian Competition and Consumer Commission is denying authorisation to British American Tobacco, Imperial Tobacco, and Philip Morris to jointly cease supplying retailers or wholesalers they consider to be supplying illicit tobacco.
Between them, these three companies supply well over 90 per cent of the market for tobacco products in Australia, including all of the major brands.
“This kind of interaction between all of the major competitors raises competition concerns, especially in such a highly concentrated market,” ACCC Chairman Rod Sims said.
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.