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 Superb: OZschwitz petrol retailers confident they will defeat ACCC lawsuit

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Superb: OZschwitz petrol retailers confident they will defeat ACCC lawsuit Vide
PostSubject: Superb: OZschwitz petrol retailers confident they will defeat ACCC lawsuit   Superb: OZschwitz petrol retailers confident they will defeat ACCC lawsuit Icon_minitimeFri Aug 22, 2014 4:38 am
Petrol retailers and the information service at the centre of an Australian Competition and Consumer Commission lawsuit say they are confident the arrangements are legal.

The competition watchdog is taking legal action against the group Informed Sources, which operates a service that lets petrol stations compare their prices, as well as five major petrol retailers that use the service - BP, Caltex, Eureka Operations (which operates Coles Express), Woolworths and 7-Eleven.

The regulator alleges that the service effectively allows service stations to flag price increases with each other, thus reducing competitive pressure and probably raising petrol prices above where they would otherwise be.

https://au.news.yahoo.com/a/24774807/petrol-retailers-confident-they-will-defeat-accc-lawsuit/

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