The ACCC has issued a draft determination proposing to grant authorisation to BP Australia Pty Ltd to expand the BP Rewards Program by introducing additional fuel and non-fuel offers at BP sites and participating BP Reseller sites for all or certain groups of consumers who are members of the existing BP Rewards Program.
The ACCC proposes to grant authorisation for five years.
The ACCC considers that the Proposed Conduct will result in public benefits, including some direct benefits to consumers, some enhanced competition in the retail fuel and convenience items market, more consistent offers across BP-branded sites and limited transaction cost savings. The ACCC considers that the proposed arrangement is unlikely to result in significant public detriment.
Authorisation provides businesses with legal protection for arrangements that may otherwise risk breaching the law but are not harmful to competition and/or are likely to result in overall public benefits.
Further information about the ACCC’s decision is available on the ACCC’s public register.
Published date:
28 September 2022
Extracted from ACCC