Following a complaint by an unnamed Tasmanian farmer, Australia’s competition watchdog is looking into contract negotiations between vegetable processor McCain Foods and growers in Victoria and Tasmania.
As part of the investigation, the Australian Competition and Consumer Commission (ACCC) sent out letters to potato suppliers for the company’s Victorian and Tasmanian plants in early June.
The letters ask suppliers to provide information about their experiences during contract negotiations with the company as far back as 2010.
The ACCC letter states it is concerned McCain may have engaged in “unconscionable conduct” during contract negotiations with growers.
Concerns about the company’s treatment of growers were first raised back in 2012, when McCain abandoned the industry’s collective bargaining agreement and moved to start negotiations with individual growers.
Full Content: The Advocate
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU Extends Support for Farms and Fisheries Amid Market Disruptions
May 5, 2024 by
CPI
Sony and Apollo Bid $26 Billion for Paramount Acquisition
May 5, 2024 by
CPI
Goldman Sachs Resolves Decade-Old Metal-Rigging Class Action Lawsuit
May 5, 2024 by
CPI
Italian Antitrust Ruling Puts Halt on Intesa Sanpaolo’s Fintech Ambitions
May 5, 2024 by
CPI
Google Antitrust Case: Closing Arguments Conclude
May 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI