The Australian Competition Authority announces its first-class exemption ever aimed at fuel retailers to collectively negotiate with wholesalers

Class exemption will enable small businesses to collectively bargain* 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 by small businesses generally does not harm competition, it involves competitors acting together, and those businesses therefore require some form of exemption to avoid the risk of breaching competition laws.

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Australian Competition Authority, The Australian Competition Authority announces its first-class exemption ever aimed at fuel retailers to collectively negotiate with wholesalers, 22 October 2020, e-Competitions October 2020, Art. N° 97416

Visites 164

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues