Australian Competition and Consumer Commission Allows Cooperation Between Businesses

Thought we’d share this fascinating piece from the Guardian. It’s called ACCC allows business competitors to work together in coronavirus ‘war effort’.

It’s a highly informative article that would definitely be of help to small business owners. Here’s an excerpt that talks about some of the most crucial points:

We’re basically seeing the pandemic like a war in the sense that we do need increased supply of things and basically most of the behaviour we’re allowing competitors to engage in is maintaining or increasing supply of goods or services on the one hand and hardship policies for those who can’t pay for services like communications or electricity on the other.

We’re clearly not allowing them to price fix but we are in a mindset where to get Australia through this crisis we need cooperation, we need everybody working to get Australia and yes that means cooperation amongst competitors.

For more information, read the full article at the link below…

Read the source article at theguardian.com