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Agreements amongst competitors that restrict the supply of goods may be prohibited.
The Commonwealth Trade Practices Act 1974, administered by the Australian Competition and Consumer Commission (ACCC) regulates anti-competitive practices.
Anti-competitive practices include:
- price fixing where competitors agree to charge the same or similar prices
- market sharing which occurs when competitors agree to restrict territories, customers or business operators
- boycotts or actions taken by two or more competitors to prevent another from acquiring or receiving goods and services
- misuse of market power to damage or eliminate a competitor
- exclusive dealing where arrangements are made to restrict a business in purchasing or supplying goods or services
- refusal to supply goods or services
- resale price maintenance or the setting of minimum prices by suppliers to prevent businesses from discounting.
Breaches of the Act in these instances can result in penalties up to 10 million dollars.
For further information telephone ACCC on (08) 8213 3444 or visit the website at http://www.accc.gov.au
Need more information?
MAGISTRATES COURTTelephone (08) 8204 2444
http://www.claims.courts.sa.gov.auor
http://www.courts.sa.gov.au
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Information on copyright for the Office of Consumer and Business Affairs website is provided on behalf of South Australia Central http://www.sacentral.sa.gov.au/site/page.cfm?u=60
Disclaimer
Information on the disclaimer for the Office of Consumer and Business Affairs website is provided on behalf of South Australia Central http://www.sacentral.sa.gov.au/site/page.cfm?u=61
Privacy
The South Australian Office of Consumer and Business Affairs (OCBA) is committed to protecting your privacy and the confidentiality of your personal information, consistent with the South Australian Government's Information Privacy Principles. If you would like to view the full privacy statement please visit: http://www.ocba.sa.gov.au/privacy.html
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If you wish to provide feedback on the Office of Consumer and Business Affairs website please contact the Webmaster via email mailto:webmaster@agd.sa.gov.au
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