Shopper docket war nears end
According to The Age newspaper, a new agreement which would allow petrol shopper docket programs to continue, would see a limit put on the value of discounts given.
The Australian Retailers Association among others has been lobbying the Government and ACCC over the inequity of the schemes for some time.
Petrol discounts offered by the two majors can be as high as 45 cents per litre, which places increased pressure on independent petrol stations and supermarkets and further hampers competition within the already diluted Australian supermarket industry.
ACCC chairman, Rod Sims, last week conceded that the majority of petrol discounts are funded by the supermarkets, a fact which is problematic long term for the fuel market.