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ARTICLE · 25 SEPTEMBER 2014

Competition review: September 2014/1

Corrs Chambers Westgarth
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The newsletter reviews recent ACCC enforcement, mergers and other developments relating to competition in Australia.

AustraliaAntitrust/Competition Law
Eddie Scuderi
Eddie Scuderi
Mark McCowan
Mark McCowan
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RECENT ENFORCEMENT DEVELOPMENTS

ACCC takes action against Informed Sources and petrol retailers for price data sharing

The ACCC has commenced proceedings in the Federal Court against Informed Sources (Australia) Pty Ltd (Informed Sources) and a number of petrol retailers, alleging that their information sharing arrangements, allows those petrol retailers to communicate with each other about their prices, and that this had the effect or likely effect of substantially lessening competition in markets for the sale of petrol in Melbourne. The exchange of this information allows retailers to respond to each other's prices and analyse the pricing behaviours and strategies of their competitors. According to the ACCC, price coordination and cooperation is increased and competitive rivalry is decreased.

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