A PYMNTS Company

Australia: Armidale petrol cleared of any price collusion

By  |  May 19, 2015

The consumer watchdog’s verdict on fuel prices in Armidale is in, and it says there’s been no price collusion.

In January prices were up around $1.30 $1.40 a litre compared to $1.07 and $1.02 in Sydney.

The Nationals member for the Northern Tablelands, Adam Marshall called for a review.

“Essentially the Australian Competition and Consumer Commission has cleared the local retailers of price collusion in Armidale, but interestingly in its report they have admitted that Armidale’s consistently high fuel prices are a concern and they will continue to monitor the situation.” He said.

Mr Marshall said the ACCC did identify a lack of competition in the town however.

 

Full content: ABC

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.