Little story about fuel price fixing in Ballarat!

Discussion in 'Australian Motorcycles' started by Stan Gifford, Dec 17, 2004.

  1. Stan Gifford

    Stan Gifford Guest

    Stan Gifford, Dec 17, 2004
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  2. Stan Gifford

    SmeeR1100s Guest

    No you don't!

    Petrol groups guilty of price fixing
    By Jamie Duncan
    December 17, 2004

    THE Australian Competition and Consumer Commission (ACCC) has won a
    landmark case against petrol companies that fixed fuel prices in the
    Victorian city of Ballarat.

    Federal Court Justice Ron Merkel found four companies – Triton 2001 Pty
    Ltd, Apco Service Stations Pty Ltd, Brumar Pty Ltd and Cavallo Volante
    Pty Ltd, formerly Balgee Oil Pty Ltd – entered price fixing arrangements
    up to 69 times between June 1999 and December 2000.

    The four companies and three senior managers, Triton Ballarat area
    manager Anthony Brian Rosenow, Apco Service Stations director Peter
    Joseph Anderson and Brumar retail area manager Garry Victor Dalton, were
    the subject of today's proceedings.

    The parties contested the ACCC's case but Justice Merkel found managers
    from the companies used phone conversations to orchestrate price rises,
    in contravention of the Trade Practices Act.

    "The contraventions, which involve serious and on-going breaches of
    important provisions of the (Trade Practices) Act, resulted in the price
    of petrol in Ballarat being the subject of a cartel type of arrangement
    or understanding over a substantial period of time," Justice Merkel said
    in his judgment.

    "It was an arrangement or understanding that led to the public paying
    higher retail prices for petrol than they would have paid if the prices
    had been determined by market forces, rather than by a collusive
    arrangement between competitors."

    The parties will return to the Federal Court for a penalty hearing on
    March 7 next year.

    Nine other respondents, including Leahy Petroleum Pty Ltd, Leahy Retail
    Pty Ltd, Chisholm Pty Ltd, Justco Pty Ltd and five men, admitted the
    ACCC's case against them.

    They are subject to separate penalty hearings before Justice Goldberg.
    Judgment has been reserved.

    Combined, the companies involved in price fixing ran BP, Shell,
    Ampol/Caltex, Swift, Apco and Mobil outlets in the Ballarat area.

    Ballarat's Ampol Road Pantry petrol station was not included in the action.
    SmeeR1100s, Dec 17, 2004
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  3. Stan Gifford

    KOSHER Guest

    KOSHER, Dec 17, 2004
  4. Ballarat prices seem to work on a slower cycle than Melbourne. When
    the prices go up in Melbourne the prices will be cheaper in Ballarat
    for a while. When the prices fall in Melbourne Ballarat will be more
    expensive. Currently I think a few places have just dropped under $1 a
    litre again - I think Melbourne has been cheaper recently.

    I think that the pricing in Ballarat has changed since the
    investigation started.

    I remember one interview on Melbourne radio with one of the
    distributors who had been accused of telling the service stations what
    price to sell at. He said "I didn't tell them what price to sell
    petrol at - I just told them if they didn't put the price up I
    wouldn't supply them any more." LOL
    Andrew Rowley, Dec 17, 2004
  5. Duh.....
    Toby Ponsenby, Dec 18, 2004
  6. Stan Gifford

    sanbar Guest

    And why do out-of-the-way, oops-sorry-wrong-turn Invergordon and Katamatite
    have petrol at 2-3 cents a litre above Melbourne prices, when every major
    town around them can be up to 10-12 cents dearer?
    One of the big mysteries of life.
    - sanbar
    sanbar, Dec 18, 2004
  7. Stan Gifford

    Lushy Guest

    Katamatite is that aboriginal for "Tight Pussy"
    Lushy, Dec 18, 2004
  8. Stan Gifford

    John Littler Guest

    Close. Wrong gender.

    John Littler, Dec 18, 2004
  9. Stan Gifford

    GB Guest

    Ah yes. Brings to mind a conversation with a word-wanker
    way way way back when. Reckoned one of his favourite
    name-calling insults was 'belligerent catamite'.

    p'raps ya had to be there.

    GB, Dec 19, 2004
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