in

Ice Cream Giant Peters Accused of Dodgy Ice Cream Deal

This post was originally published on this site

Ice cream giant Peters has been accused of trying to freeze out competition at service stations and convenience stores. The national consumer and competition watchdog announced on Nov 20 it has launched federal court action against the company. From November 2014 to December 2019, Peters is alleged to have entered into “exclusive dealing” with PFD Food Services to distribute ice cream and other frozen confectionary. It is alleged the agreement meant other suppliers had no commercially viable way of distributing ice creams to service stations and convenience stores. “We allege that this conduct reduced competition,” Australian Competition and Consumer Commission chair Rod Sims said in a statement. “(The conduct) may have deprived ice cream lovers of a variety of choice or the benefit of lower prices when purchasing an ice cream at one of these stores.” Sims says Peters’ conduct raised barriers for other distributors looking to enter the market. …

What do you think?

Written by The Baron

Leave a Reply

Your email address will not be published. Required fields are marked *

Exclusive: Rep. Mo Brooks—Will the US House of Representatives Decide the Next President?

GetUp, Activist Groups Distort Senator’s Tough Stance on CCP as Racism