Australian Regulators Smash Grain Transport Monopoly

Law360, New York (June 29, 2011, 2:19 PM EDT) -- Australian competition regulators announced Wednesday that Western Australia's largest grain-handling company will no longer be allowed to exercise a monopoly over transporting grain to export locations in the state.

The Australian Competition and Consumer Commission said that it had issued a notice revoking Co-operative Bulk Handling Ltd.'s exclusive dealing notification for grain transport in the state, which had given the company immunity from court action related to its monopoly.

The notification allowed CBH to require Western Australian grain growers and marketers that used its up-country storage...
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