The Australian Competition and Consumer Commission
(ACCC) has granted authorisation to Tabcorp
Wagering Manager (Vic) Pty Ltd (Tabcorp) in
relation to its agreement with ACTTAB Limited
(ACTTAB) to provide fixed odds wagering management
Under the agreement, ACTTAB customers will "have access to
the same fixed odds products at the same prices or odds as Tabcorp
customers" and in return, Tabcorp will earn a management
The ACCC considered that the proposed arrangements were likely
"to result in public benefits arising from enhanced product
offerings for ACTTAB's customers" and would "outweigh
the detriment caused to the public constituted by a lessening of
competition arising from the conduct".
With regard to public detriment, the ACCC considered that the
arrangements were "unlikely to result in significant public
detriment due to the significant presence of betting exchanges and
corporate bookmakers in Australia and overseas, which compete with
ACTTAB and Tabcorp for customers and drive pricing in relation to
fixed odds wagering".
Authorisation is a process where the ACCC may grant protection
from legal action for conduct that might otherwise breach the
Competition and Consumer Act 2010 (Cth)
(Act). In this case, certain provisions of the
agreement between Tabcorp and ACTTAB could have been considered
anti-competitive or have breached the Act for example, a
requirement that ACTTAB appoint Tabcorp as the exclusive provider
of relevant services could be considered exclusive dealing.
ACTTAB previously acquired fixed off wagering services from
Centrebet Pty Ltd.
The ACCC has granted authorisation until 9 May 2018.
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