Authorisations

ACCC proposes to authorise solar retailer code of conduct

The Australian Competition and Consumer Commission proposes to grant reauthorisation for five years to the Clean Energy Council (the Council) for its revised Solar Retailer Code of Conduct.

The Council represents Australia’s renewable energy and energy efficiency industries. The Code is a voluntary system that solar retailers can sign up to and meet best practice standards that will benefit consumers and the industry.

ACCC proposes to approve revised NBN arrangements with Optus

The Australian Competition and Consumer Commission is proposing to grant authorisation to specific provisions within revised agreements between NBN Co and Optus in a draft decision issued today.

These arrangements involve the progressive migration of Optus’ HFC subscribers to the new multi-technology NBN, while parts of Optus’ HFC network are integrated into the NBN.

ACCC proposes to authorise system to facilitate comprehensive credit reporting

The Australian Competition and Consumer Commission proposes to grant 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.

Reforms to the Privacy Act in March 2014 have expanded the types of information on consumer credit that can now be shared. ARCA represents lenders and credit reporting bodies in Australia and has developed the principles in a process involving its members and stakeholders since July 2013.

ACCC grants interim authorisation to Qantas and American Airlines

The Australian Competition and Consumer Commission has granted interim authorisation to Qantas (ASX:QAN) and American Airlines so they can introduce additional joint services between Australia and the US under an expansion of their alliance.

“The ACCC considers that granting interim authorisation is likely to lead to additional capacity on the Sydney to Los Angeles route, and increased capacity and competition on the Sydney to San Francisco route,” ACCC Commissioner Dr Jill Walker said.

ACCC authorises magazine distribution pilot program

The Australian Competition and Consumer Commission has decided to authorise the Association of Magazine Publishers of Australia (MPA) to run a pilot magazine distribution program over 3-6 months with the 40 newsagents that have agreed to participate. This program will test the effectiveness of a proposed approach to address longstanding problems with the oversupply of magazines to newsagents.

ACCC authorises Medicines Australia code subject to strengthening individual reporting

The Australian Competition and Consumer Commission is requiring Medicines Australia to strengthen its public reporting as a part of authorising edition 18 of its Code of Conduct (the Code) for five years. The Code sets the standards for the marketing and promotion of prescription pharmaceutical products in Australia by member companies.

ACCC proposes to deny Qantas/China Eastern coordination agreement

In a draft decision, the Australian Competition and Consumer Commission is proposing to deny authorisation for Qantas (ASX:QAN) and China Eastern to coordinate their operations between Australia and China under a proposed Joint Coordination Agreement.

The ACCC considers that the agreement is likely to result in significant public detriment by giving Qantas and China Eastern increased ability and incentive to limit capacity and/or increase airfares on the Sydney – Shanghai route.

ACCC proposes to grant authorisation to Tasmanian vegetable growers to collectively bargain with processors

The Australian Competition and Consumer Commission has issued a draft determination proposing to grant authorisation to vegetable grower members of the Tasmanian Farmer and Graziers Association (TFGA) to collectively bargain with vegetable processors Simplot and McCain, as well as any future vegetable processor in Tasmania.

ACCC authorises minimum retail prices on Festool power tools

The Australian Competition and Consumer Commission has granted conditional authorisation to Tooltechnic Systems (Aust) Pty Ltd (Tooltechnic) to set minimum retail prices on Festool power tools until 31 December 2018.

This is the first application for authorisation to set minimum retail prices, a practice known as resale price maintenance, under the Competition and Consumer Act 2010 (the Act).