But rival firms are not allowed to coordinate prices, says watchdog © Chris Hyde/Getty Images
But rival firms are not allowed to coordinate prices, says watchdog © Chris Hyde/Getty Images

Coronavirus: rival firms allowed to collaborate

9 April 2020

Australia’s competition watchdog has given temporary authorisation to rival businesses in many sectors to cooperate to help weather the coronavirus storm.

The Australian Competition and Consumer Commission (ACCC) has given the go-ahead to oil and gas companies, supermarket chains, banks, medical suppliers and utilities to work together to keep supplies and services flowing.

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