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ACCC announces issuance of class exemption for global supply chain disruptions

Exemptions related to Strait of Hormuz disruptions

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01:38:25 AM UTC
SQUAWKNEWS
- - Class exemption applies retrospectively from 23rd June, 2026 and operates until 22nd December, 2026 - - Exemption provides legal protection for competing businesses to respond to harm to Australian consumers, others - - "This short-term class exemption provides legal protection for competing businesses to respond to harm to Australian consumers or the Australian economy caused by global supply chains disruption" - - Statement:

Exemptions related to Strait of Hormuz disruptions - - Class exemption applies retrospectively from 23rd June, 2026 and operates until 22nd December, 2026 - - Exemption provides legal protection for competing businesses to respond to harm to Australian consumers, others - - "This short-term class exemption provides legal protection for competing businesses to respond to harm to Australian consumers or the Australian economy caused by global supply chains disruption" - - Statement: