ACCC grants authorisation to Australian Energy Council Limited
On 5 August 2020, the ACCC issued a draft determination proposing to grant conditional authorisation to enable the Australian Energy Council (AEC), its members and other participating retailers of gas or electricity to share information, discuss and in due course enter into and/or give effect to any contract, arrangement or understanding between them, or engage in any conduct, which has the purpose of providing financial and/or other relief to retail energy customers facing financial difficulties as a result of the COVID-19 pandemic, including residential customers and business customers of any size.