The Australian Competition and Consumer Commission is reportedly taking up the task of investigating the nation’s two largest beer brewers following allegations they are abusing their market power to squeeze smaller competitors out of the market.
Lion, along with Carlton & United Breweries, are now the focus of a competition probe by the ACCC. Reports say ACCC officials have been conducting industry interviews at various pubs and breweries to gather information about contracts between the brewers and pub, clubs and bars.
According to reports, CUB and Lion control 90 to 95 percent of the nation’s beer taps.
The ACCC reportedly received multiple complaints from craft brewers that their beer was not being served from beer taps in bars and pubs. Regulators declined to elaborate on the details of the investigation, noting its confidentiality.
Full content: The Age
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile Faces Class-Action Lawsuit Over Sprint Merger After Appeal Denied
May 16, 2024 by
CPI
Google Faces Backlash Over Introduction of AI-Generated Summaries in Searches
May 16, 2024 by
CPI
CMA Launches Phase 2 Probe into AlphaTheta’s Acquisition of Serato
May 16, 2024 by
CPI
NFL Executive Escapes Testifying in High-Stakes Trial Over Televised Games
May 16, 2024 by
CPI
EU Consumers Lodge Complaint Against Chinese Retailer Temu Over Content Rules Breach
May 16, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI