Cap for supermarket fuel discounts

 In Australia, Coles, NewZealand, Woolworths
Fuel shopper docket schemes offered by supermarket chains Coles and Woolworths will be hit with a discount cap of 4¢ a litre from January 1, the competition regulator has announced.
The Australian Competition and Consumer Commission announced it had accepted undertakings from the supermarket giants that they will voluntarily stop offering fuel shopper docket deals to their customers that are funded by other arms of their businesses.
Under the brokered deal, both retailers may continue to offer fuel saving offers to their supermarket customers, but any discounts on fuel offered to supermarket customers from January 1 are not to exceed 4¢ a litre.
Coles and Woolworths may still offer discounts on fuel at their service stations – including discounts in excess of 4¢ a litre – but from January 1 all fuel discounts (including those offered by the supermarkets) must be funded from within their fuel retailing operations including associated convenience stores and other activities at their service stations.  Sydney Morning Herald – Read more…

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