LANDMARK RESPONSE TO ACCC PROCEEDINGS
6 August 2018
Landmark confirms that the Australian Competition and Consumer Commission (ACCC) has filed proceedings against Landmark in the Federal Court of Australia. The proceedings allege that Landmark’s Seednet business made misleading statements in historical marketing materials in relation to the Compass barley variety.
Landmark is currently reviewing the ACCC's claims. As this matter is now before the Federal Court, we are unable to make any further comment on the allegations.
We wish to stress, however, that the ACCC’s allegations relate to certain statements made by Seednet, and in no way relate to the overall performance of Compass itself.
Compass has recently achieved malt accreditation and is one of the highest yielding varieties of barley on the market across Australian barley growing regions.
Landmark is very pleased to have brought the Compass variety to market. We are proud that Compass has performed strongly since its introduction, and continues to deliver excellent yields to Australian growers.
For further information please contact:
Tel: 03 9670 6599 or Mob: 0439 389 202