Class exemption will enable fuel retailers to collectively bargain

Class exemption will enable fuel retailers to collectively bargain

4 years ago
An ACCC class exemption due to commence in early 2021 will allow small businesses, franchisees and fuel retailers to collectively negotiate with their suppliers and processors, franchisor or fuel wholesaler respectively, without first having to seek ACCC approval. Businesses will be able to use the class exemption after the period for parliamentary disallowance expires in early 2021. This collective bargaining exemption is the first class exemption to be introduced by the ACCC. Although collective bargaining […]
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ACCC reviewing Woolworths’ acquisition plans for PFD Food Services

4 years ago
The ACCC is reviewing Woolworths’ proposed acquisition of PFD Food Services. The watchdog yesterday announced it had commenced a review under the Informal Merger Review Process Guidelines. The retailer last month outlined plans to acquire a 65% stake in PFD Food Services in a $552 deal, which would see it extend its strategic partnership with the foodservice network and acquire 26 freehold properties currently being used as distribution centres by PFD. PFD is a wholesale […]
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Fuel supply cooperation to continue during COVID-19

4 years ago
Viva Energy is among a group of energy and oil companies that have been authorised to continue cooperating on measures to improve the security of fuel supplies during the COVID-19 pandemic. The authorisation was granted by the Australian Competition & Consumer Commission (ACCC) and allows the Australian Institute of Petroleum (AIP) and major oil refiners to coordinate arrangements to address fuel supply issues in Australia arising as a result of the pandemic, and facilitate the […]
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Oil companies authorised to cooperate to secure fuel supplies during COVID-19

4 years ago
The Australian Institute of Petroleum (AIP) and major oil refiners have been granted authorisation by the ACCC to continue cooperating on measures to improve the security of fuel supplies during the COVID-19 pandemic. The pandemic continues to impact on Australia’s fuel supply chain, causing unpredictable changes in demand for fuel and creating a potential for major disruptions to the domestic and international fuel supply chains. The ACCC’s authorisation allows AIP and major oil refiners to […]
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Viva Energy’s acquisition of Liberty Oil approved by ACCC

5 years ago
Viva Energy Australia has the green light to buy the remaining 50% interest in Liberty Oil Holdings’ wholesale business. Viva Energy Australia, a wholly owned entity of Viva Energy Group, and Liberty operate as wholesalers and retailers of fuel products. Liberty Wholesale supplies fuel and lubricants to a network of distributor partners across Australia, as well as more than 250 independent retail service stations operating under both the Shell and Liberty brands. The ACCC found […]
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