ACCC renews focus on questionable trade practice

THE competition watchdog has confirmed it will keep a close eye on the major supermarkets, with a specific focus on cartel behaviour, as part of its new compliance and enforcement policy.

In the policy, the Australian Competition and Consumer Commission outlined its priorities for 2013 and sets out how it plans to deal with issues, including cartel behaviour.

While ACCC chairman Rod Sims has not made any indication that cartel behaviour exists, the statement reveals a renewed focus on the questionable trading practice.

"Some forms of conduct are so detrimental to consumer welfare and the competitive process that the ACCC will always assess them as a priority, irrespective of which sector of the economy the activity occurs," Mr Sims said.

"These are in the areas of cartel conduct, anti-competitive agreements and misuse of market power."

The watchdog will also increase its regulatory role in competition matters, with 30 in-depth competition investigations already under way.

"As a specific area of focus, the ACCC has maintained reference to placing priority on competition and consumer issues arising in highly concentrated sectors and, in particular, the supermarkets and fuel sectors," Mr Sims said.

"We have also decided to place further emphasis on online competition and consumer issues.

"This includes conduct which may impede emerging competition between online traders or limit the ability of small businesses to effectively compete online."

Topics:  accc supermarkets

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Grabowsky reinvents Lior on stage

Israeli- born, Australian musician Lior.

Musicians are coming to the Northern Rivers

Enova energises local power at Expo

Lismore Heights Primary School kids were excited to be photographed with Mike Haydon and some of Lismore's solar powered and electric vehicles in lead up to Enova Energy Expo at City Hall.

Enova energises local power at Expo

Need to Eat The Street and be safe in the street

Need to Eat The Street and be safe in the street

Local Partners