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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

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.

Five companies – Patrick Terminals, DP World Australia, Hutchinson Ports, Flinders Adelaide and Victoria International Container Terminal – operate the country's ports, and according to The Container Transport Alliance, which represents major container carriers in Australia, the price for unloading an imported container in New South Wales has increased fivefold in four years – from AUD 25 (USD 18.4) in 2017 to AUD 125 this year.

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