Supermarket giants Coles, Woolworths, and ALDI will form a task force to address the suspension of a soft plastic recycling program following the collapse of REDcycle.
REDcycle halted its soft plastic program on Nov. 9 citing “unforeseen challenges exacerbated by the pandemic” with its downstream recycling partners.
The interim application of the “Soft Plastics Taskforce” was conditionally authorised by the Australian Competition and Consumer Commission (ACCC), which will allow the supermarket giants to work together to find a solution. Usually, such collaboration between major competitors would contravene the Competition and Consumer Act (CCA). However, the ACCC may grant an authorisation if it is deemed the likely public benefit from the conduct between the companies outweighs any likely public detriment….