Categories
Ace Daily News

(AUSTRALIA) ACCC REPORT: Conducted an extensive market inquiries across the industry, and undertook detailed analysis of supplier and competitor data, and internal documents of key interested parties #AceNewsDesk report

#AceNewsReport – June.11: Ultimately the evidence before us did not indicate the transaction would be likely to substantially lessen competition,” ACCC Chair Rod Sims said. ACCC Report: They will not oppose Woolworths’ (ASX: WOW) acquisition of 65 per cent of the shares in wholesale food distributor PFD Food Services, following a detailed investigation that found […]

Categories
Ace Daily News

(AUSTRALIA) ACCC REPORT: The analysis shows that motorists in the five largest cities could have saved a combined total of nearly half a billion dollars ($485 million) in 2020 by switching from a variety of higher-priced to lower-priced major retailers #AceNewsDesk report

#AceNewsReport – June.09: The range of petrol prices available to most Australian motorists means the potential savings from filling up at one of the cheaper retailers are very significant,” ACCC Chair Rod Sims said: AUSTRALIA: Cheaper petrol at independent chains offers half a billion dollars as Speedway, Metro Petroleum, United, Vibe and FuelXpress had the […]

Categories
Ace Daily News

(AUSTRALIA) ACCC REPORT: Grants interim authorisation for Country Press Australia (CPA) members to collectively negotiate with Facebook and Google over payments to publishers for their news content that appears on the platforms #AceNewsDesk report

#AceNewsReport – May.08: Authorisation will enable CPA members to collectively negotiate with each of Facebook and Google, engage in discussions with each other and exchange information about those negotiations. Without authorisation, these collective bargaining arrangements would risk breaching competition laws as no platforms have yet been ‘designated’ under the news bargaining code, which would automatically […]