The ACCC has decided to grant authorisation to enable the Large Format Retail Association and its current and future members to pool their electricity demand and collectively tender with electricity suppliers on the basis of that aggregated demand.
The ACCC considers that the collective arrangements are likely to result in significant public benefits, including transaction cost savings and facilitating greater competition for the supply of electricity to participating LFRA members. There is likely to be minimal detriment to the public, with the combined electricity demand of the participating LFRA members having to remain below 1% of consumption in each state or territory.
The ACCC has decided to grant authorisation until 23 October 2030.
More information about the ACCC’s decision is available on the public registers at: Large Format Retail Association Limited & Ors.