The Australian Competition and Consumer Commission has undertaken an extensive investigation in relation to Cotton Seed Distributors Limited (CSD) over many months.
CSD has fully cooperated with that investigation and is pleased with the outcome.
CSD has entered into an enforceable undertaking with the ACCC, the effect of which is that for this season and going forward, CSD Agents can facilitate the overtreatment of CSD seed with insecticide.
“CSD has always allowed growers to overtreat cotton seed with an insecticide of their choice. CSD has taken the further step now of allowing our authorised agents to facilitate the overtreatment of seed for growers”, CSD Chair Tony Quigley said.
CSD has also agreed with the ACCC to implement a competition law compliance program.
“CSD has been supplying quality planting seed to the Australian cotton industry since our inception in 1967 and we are proud of our achievements in ensuring the Australian cotton industry is a world leader. We consider it good business practice to implement a competition law compliance program and are happy to do so” Mr Quigley said.
This statement has been issued by the Board of Cotton Seed Distributors Limited.