August 28, 2017 / 11:41 PM / 10 months ago

BRIEF-ACCC proposes to authorise roll out of Woolworths discount programs to participating BP sites

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 Source text for Eikon: Further company coverage:

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