ACCC and Flight Centre in Court
Tuesday 9 October 2012 @ 9.43 a.m. | Industrial Law
The case between the Australian Competition and Consumer Commission and Flight Centre was set to kick off yesterday (8 October 2012), and experts are warning that if successful, a win for the competition regulator could flow through into other industries – including retail.
The Brisbane Federal Court case began on Monday, with the ACCC alleging Flight Centre
attempted to get six airlines, including Singapore, Malaysia and Emirates, to agree
to stop booking their own airfares at prices cheaper than those offered by Flight
Centre.
Flight Centre chief executive Graeme Turner has previously said he is not interested
in reaching a settlement with the competition regulator, increasing the chances of
a full trial.
And such a trial would have drastic ramifications for not only the aviation industry,
but any industries with wholesalers and suppliers including retail, one expert warns.
To read more, click here.
Timebase's Competition and Consumer Point-in-Time Service allows subscribers to view complete histories of legislative provisions, compare and view changes over time and search for relevant content at any date. Contact Timebase for a free trial.
