The competition regulator is poised to announce a deal this afternoon over the fuel shopper docket schemes offered by supermarket chains Coles and Woolworths that will see a price cap on discounts expected to be at 4 cents per litre.
The Australian Competition and Consumer Commission is set to announce that it has forged a deal with Coles and Woolworths that will see an end to the cross subsidisation of their supermarket stores over to their petrol stations.
The cap on shopper docket fuel offers is expected to be at 4 cents per litre. At its peak supermarkets were offering discounts of up to 45 cents per litre off fuel prices.
From the Australian Financial Review.