Stillwater says generators' 'late rebidding' was deliberate in Australian antitrust appeal
By Saloni Sinha ( March 4, 2026, 08:47 GMT | Insight) -- “Late rebidding” by electricity generators Stanwell and CS Energy was a deliberate choice designed to maximize price spikes rather than a routine response to changing market conditions, Stillwater Pastoral told an Australian court. On the third day of a two-week Federal Court appeal hearing on Wednesday, lawyer Tim Breakspear, acting for Stillwater, alleged that the reasons stated by generators for rebidding did not sufficiently explain why bids were made minutes before dispatch and argued that the more probable inference was a deliberate strategy to limit competitors’ response time.“Late rebidding” by electricity generators Stanwell and CS Energy was a deliberate choice designed to maximize price spikes rather than a routine response to changing market conditions, farming business Stillwater Pastoral told an Australian court....
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