Authorisations

ACCC re-authorises Qantas – American Airlines Alliance

The Australian Competition and Consumer Commission has issued a final determination re-authorising Qantas (ASX: QAN) and American Airlines to continue to coordinate their operations on trans-Pacific routes for a further five years.

Under the alliance, the airlines will continue coordination in respect of marketing and sales, freight, pricing, scheduling, distribution strategies including agency arrangements, yield and inventory management, frequent flyer programs, lounges, joint procurement, and product and service standards.

ACCC proposes to conditionally authorise Queensland LNG producers to coordinate their maintenance schedules

The Australian Competition and Consumer Commission has issued a draft determination proposing to authorise Australia Pacific LNG Pty Ltd, Gladstone LNG, and the Queensland Curtis LNG Project to discuss their maintenance schedules, maintenance providers and maintenance techniques. The ACCC proposes to grant authorisation for five years, subject to a condition.

The ACCC has also granted conditional interim authorisation to allow the LNG producers to discuss their plans for maintenance at each facility in the second half of 2016.

ACCC re-authorises Virgin-Etihad Alliance

The Australian Competition and Consumer Commission has re-authorised Virgin Australia (ASX: VAH) and Etihad Airways to continue their existing air transport services international alliance, which operates between Australia and the Middle East, for a further five years.

Under the Alliance, the airlines cooperate on joint pricing and scheduling of services across their networks. Virgin and Etihad will not share revenue under the Alliance.

ACCC authorises system to facilitate credit reporting

The Australian Competition and Consumer Commission has granted authorisation for five years to the Australian Retail Credit Association Ltd (ARCA) in relation to principles for exchanging comprehensive consumer credit data between signatory credit reporting bodies and lenders.

ARCA represents lenders and credit reporting bodies in Australia and has developed the principles in a process involving its members and industry since July 2013. This follows reforms to the Privacy Act which expand the type of consumer credit information that can now be shared.

ACCC proposes to re-authorise Qantas – American Airlines Alliance

The Australian Competition and Consumer Commission has issued a draft determination proposing to re-authorise Qantas (ASX: QAN) and American Airlines to continue to coordinate their operations on trans-Pacific routes for a further five years.

Under the alliance, the airlines propose to continue coordination in respect of marketing and sales, freight, pricing, scheduling, distribution strategies including agency arrangements, yield and inventory management, frequent flyer programs, lounges, joint procurement, and product and service standards.

ACCC extends decision date after ihail revises taxi booking app

The Australian Competition and Consumer Commission has extended the timeframe for making a final decision on ihail’s application for authorisation after receiving a submission from ihail proposing changes to how its smartphone taxi booking app will operate.

The ACCC now invites comment on the revised ihail arrangements by 8 December 2015 and expects to issue a final decision in February/March 2016. ihail agreed to the extension.

ACCC proposes to re-authorise Virgin-Etihad Alliance

The Australian Competition and Consumer Commission has issued a draft determination proposing to re-authorise Virgin Australia (ASX: VAH) and Etihad Airways to continue their existing air transport services international alliance, which operates between Australia and the Middle East, for a further five years.

Under the alliance, the airlines cooperate on joint pricing and scheduling of services across their networks. Virgin and Etihad will not share revenue under the alliance.

ACCC proposes to re-authorise infant formula marketing code

The Australian Competition and Consumer Commission has proposed to re-authorise an agreement that prohibits the advertising and promotion of infant formula by manufacturers and importers directly to the public, and governs their interactions with health care professionals.

The Infant Nutrition Council’s Marketing in Australia of Infant Formula Agreement (MAIF Agreement), is a voluntary, self-regulatory code which governs the marketing of infant formula for infants up to 12 months. It has been authorised since 1992.