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Competition

Canberra petrol price inquiry: service stations respond to gouging claims
2 months ago

Canberra petrol price inquiry: service stations respond to gouging claims

Fuel groups have rejected accusations of price gouging, following a damning report from the ACT’s competition watchdog that revealed Canberra’s servos were making nearly twice the net profit of their regional …
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ACCC reviews Viva’s grip on fuel as expansion continues
3 months ago

ACCC reviews Viva’s grip on fuel as expansion continues

The competition watchdog has launched a probe into Viva Energy’s move to extend its reach into regional fuel wholesaling, querying whether its $42 million buyout of Liberty Oil could push …
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Costco fuel coming sooner than you think
4 months ago

Costco fuel coming sooner than you think

MOTORISTS could be filling up their tanks with cheaper fuel at Costco before the warehouse opens on May 2.

Costco Ipswich warehouse manager Nick Weller said they were waiting on …
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Competition in Australia petrol station market
4 months ago

Competition in Australia petrol station market

According to ACCC, supermarket-based petrol station chain lose market share while retail wholesaler and independent petrol station earn market share.

According to the Australian Competition and Consumer Commission (ACCC), supermarket-based …
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ACCC Cross Appointment To The New Zealand Commerce Commission
1 year ago

ACCC Cross Appointment To The New Zealand Commerce Commission

Australian Treasurer Scott Morrison and New Zealand Commerce and Consumer Affairs Minister Kris Faafoi have welcomed the cross-appointment of Australian Competition and Consumer Commission (ACCC) Commissioner Roger Featherston to the …
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Woolworths weighs IPO as Plan B for petrol stations
1 year ago

Woolworths weighs IPO as Plan B for petrol stations

Woolworths is believed to be considering an initial public offering as a Plan B for its petrol station portfolio if it can’t convince the competition watchdog to allow a $1.8 …
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Fuel industry strongly questions objectivity of ACCC analysis of national fuel market
1 year ago

Fuel industry strongly questions objectivity of ACCC analysis of national fuel market

The peak representative body representing service station operators in Australia has responded angrily to the ACCC’s December 2017 Quarterly Report on the Australian Petroleum Market, seriously questioning the objectivity of …
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ACCC focusses on energy, broadband, net economy and financial services in 2018
1 year ago

ACCC focusses on energy, broadband, net economy and financial services in 2018

Chairman Rod Sims has today announced the ACCC’s compliance and enforcement priorities for 2018 at a CEDA event in Sydney.

This year, the regulator will focus on consumer issues in …
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ACCC’s fuel industry monitoring extended to wholesale prices
1 year ago

ACCC’s fuel industry monitoring extended to wholesale prices

By  •  Competition

The scope of the ACCC’s petroleum industry monitoring and reporting is defined by a series of successive directives that are periodically issued by the Federal Government.

The previous directive (issued …
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ACCC TO OPPOSE BP’S ACQUISITION OF WOOLWORTHS SERVICE STATIONS
2 years ago

ACCC TO OPPOSE BP’S ACQUISITION OF WOOLWORTHS SERVICE STATIONS

The ACCC has announced today that it intends to oppose the proposed acquisition by BP Australia Pty Ltd of Woolworths Limited’s (ASX:WOW) network of retail service station sites.

Woolworths currently …
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