News: WOW ACCC proposes to authorise roll out of Woolworths discount programs to participating BP...

Aug 29 (Reuters) - Australian Competition and Consumer Commission

• issued a draft decision proposing to grant conditional authorisation to a commercial alliance between BP Australia Pty Ltd, BP resellers, and Woolworths
• expects to release its final decision in October 2017
• considers that fuel discount offers in excess of 4 cents per litre could have longer-term effects on structure of retail fuel markets
• authorisation would allow participating BP service stations to accept Woolworths shopper dockets and participate in Woolworths loyalty program
• has not taken into account any detriments from a lessening of competition as part of its assessment of authorisation applications.
• ACCC is proposing to grant authorisation on condition that parties not offer fuel discounts from shopper dockets & loyalty scheme in excess of 4 cents per litre in total