A PYMNTS Company

Australia: Cleaning product company admits to price-fixing to ACCC

By  |  November 2, 2012

A cleaning products company has admitted to the Australian Competition and Consumer Commission of fixing resale prices. Chemical Formulators Pty Ltd. supplies its products to hospitals, food processors, aged care facilities, mining companies and hotels. The charge is a violation of section 48 of the Competition and Consumer Act 2010. The company has vowed to revise its distributor agreement in order to no longer prevent distributors from discounting prices.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: ACCC

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