News / Australian competition body appeals court ruling on port commitment deeds

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Australia’s competition regulator, the Australian Competition and Consumer Commission (ACCC), has lodged an appeal following last month’s Federal Court decision in favour of NSW Ports Operations and subsidiaries Port Botany Operations and Port Kembla Operations.

In a decision only made public last week, the federal court allowed NSW Ports to maintain its port commitment deeds (PCDs), which compensate the terminal operator if the rival port of Newcastle handles more than 30,000 teu.

ACCC chairman Rod Sims said the commission was appealing the ...