01.ACCC announces investigation
What are the retailers doing?
CHOICE welcomes the ACCC
's decision to investigate allegations of anti-competitive practices among fashion retailers.The allegations have received widespread media attention, with accusations of possible price-fixing. Media reports
indicate that international brands have succumbed to pressure from local retailers and will be increasing their online prices from Australian shoppers, or even locking them out of websites entirely.
Part of a broader problem
This comes in addition to the higher prices Australian consumers already pay on software, music downloads and electrical gadgets. Online retailers such as iTunes can detect Australian users and charge them higher prices for the exact same piece of music. CHOICE believes companies should not be able to unfairly prevent Australian shoppers from purchasing cheaper products online from overseas in this manner.
In pressuring international brands to increase prices for Australian customers, local fashion retailers may have breached Australian competition legislation.
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