General
Competition watchdog says new rules are needed to ensure fair trading for ‘vulnerable’ farmers
Australia needs new fair-trading laws, according to a report released today by the Australian Competition and Consumer Commission.
Key points:
- The ACCC will investigate allegations of unfair contracts in chicken meat and horticulture sector
- It has recommended new unfair trading laws to apply economy wide
- The competition watchdog says fresh food markets have characteristics of power imbalances
The competition watchdog is also expected to investigate claims of unfair trading in the chicken meat and horticulture sectors.
The Perishable Agricultural Goods Inquiry found markets for fresh foods including meat, dairy, seafood, horticulture and eggs have “characteristics…
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