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.