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Australian watchdog probes major fuel suppliers over anti-competitive conduct
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Australian watchdog probes major fuel suppliers over anti-competitive conduct
Mar 18, 2026 7:37 PM

March 19 (Reuters) - Australia's competition regulator

said on Thursday that it has launched an investigation into

allegations of anti-competitive conduct by major fuel suppliers,

including Ampol ( CTXAF ), BP's Australian unit, Mobil Oil

Australia and Viva Energy's ( VVEGF ) unit.

The Australian Competition and Consumer Commission (ACCC)

said it received reports regarding diesel availability to

independent wholesalers and distributors serving regional and

rural areas, and would assess the alleged conduct.

The investigation comes amid widespread concerns from

consumers, businesses, and farmers over fuel prices and supply,

heightened by the Middle Eastern conflict.

Ampol ( CTXAF ) and Viva Energy ( VVEGF ) did not immediately respond to Reuters

requests for comment.

A spokesperson for ExxonMobil Australia said the firm has

been "working cooperatively with the Federal Government," and

will continue to work to meet their obligations to customers "to

provide the fuel that Australia needs".

A spokesperson for BP Australia said the company

"acknowledges the ACCC's investigation into its market

practices," adding that it takes "these matters seriously and

are reviewing the claims raised."

The ACCC said the investigation is at a preliminary stage

and that it has not yet reached any conclusions on the matters.

"It is not our usual practice to publicly announce

investigations, but given the significance of the issue, the

ACCC is confirming this investigation," said ACCC Chair Gina

Cass-Gottlieb.

The competition regulator added it is closely monitoring

fuel markets and will act, if needed, to enforce competition and

consumer laws.

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