Competition authority launches investigation into Australian port operators

The Australian Competition and Consumer Commission (ACCC) is investigating whether Australian ports have jacked up prices for handling of goods. The ports deny price-gouging despite best earnings in ten years.
Photo: Saeed Khan/AFP/Ritzau Scanpix
Photo: Saeed Khan/AFP/Ritzau Scanpix

A handful of Australian port companies are suspected of hiking up prices, which have reached such levels that the Australian Competition and Consumer Commission (ACCC) has launched an investigation of the ports, according to Australian media outlets.

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