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supermarket duopoly

Coalition’s Divestiture Plan Fuels Supermarket Duopoly Debate

News /

The Coalition is being criticised for allegedly engaging in cheap politics by threatening to dismantle Australia’s supermarket duopoly. Aligning with the Greens may seem questionable, but it highlights how political interests can sometimes converge at the extremes. The Coalition is tapping into deep-seated frustrations within farming communities and small businesses about the overwhelming power of […]

Coalition’s Divestiture Plan Fuels Supermarket Duopoly Debate Read More »

Woolworths ACCC

Woolworths Urges ACCC Supermarket Inquiry To Focus On Retail Industry Facts

News /

Woolworths has urged the competition regulator to undertake a “data-driven, fact-based” investigation into the supermarket industry. This call comes amid a political uproar filled with accusations of price gouging, abuse of market power, and even threats of jail for the Woolworths CEO during a Senate inquiry led by the Greens. In its submission to the

Woolworths Urges ACCC Supermarket Inquiry To Focus On Retail Industry Facts Read More »

metcash

Metcash’s proposed acquisition of Superior Food Services not opposed

News /

The ACCC will not oppose Metcash Trading Limited’s (Metcash) (ASX:MTS) proposed acquisition of wholesale food distributor SFG Group Holdings Pty Ltd, trading as Superior Food Services (Superior). Superior purchases a wide range of food products from suppliers and distributes them to food service businesses such as restaurants, cafes, hotels and clubs, petrol and convenience stores,

Metcash’s proposed acquisition of Superior Food Services not opposed Read More »

ACCC

ACCC Chairman Vows Action Against Unreasonable Supermarket Prices

News /

Competition watchdog chairman Gina Cass-Gottlieb asserts that consumers are fed up with supermarkets’ unjustifiably high prices and profits. In response, she has vowed to take decisive action against any anticompetitive practices that contribute to the rising cost of living. “Consumers are voicing their concerns loud and clear about the high prices and profits in supermarkets,”

ACCC Chairman Vows Action Against Unreasonable Supermarket Prices Read More »

Albanese

Prime Minister Albanese Proposes Stronger Regulations on Supermarkets to Tackle High Cost of Living

News /

Prime Minister Anthony Albanese is taking steps towards implementing more stringent controls on Australia’s largest supermarkets, aiming to reduce prices and address public concerns about living costs. Albanese is open to empowering the Australian Competition and Consumer Commission (ACCC) with greater authority, particularly after the ACCC raised concerns about the inadequacy of merger laws in

Prime Minister Albanese Proposes Stronger Regulations on Supermarkets to Tackle High Cost of Living Read More »

ACCC

ACCC Issues Caution to Supermarkets Regarding Discount Promises

News /

The Australian Competition and Consumer Commission (ACCC) is actively assessing the possibility of filing a lawsuit against a major supermarket chain for violating consumer laws. This comes amidst the Labor Party’s efforts to ensure fair treatment of consumers and farmers by Coles and Woolworths. Gina Cass-Gottlieb, the chair of the ACCC, indicated that litigation might

ACCC Issues Caution to Supermarkets Regarding Discount Promises Read More »

milk coles factory

ACCC Urged to Block Coles’ Milk Factory Buy Amid Competition Worries

News /

Dairy farmers’ representatives are urging the competition regulator to prevent supermarket behemoth Coles from purchasing two milk processing plants. In April 2023, Saputo, a milk processor, disclosed the sale of its Laverton factory in Victoria and its Erskine Park facility in New South Wales to Coles for a sum of $105 million. This sale is

ACCC Urged to Block Coles’ Milk Factory Buy Amid Competition Worries Read More »

SUPA IGA

ACCC Objects to Woolworths’ Purchase of Karabar’s SUPA IGA

News /

The Australian Competition and Consumer Commission (ACCC) has expressed its opposition to Woolworths’ planned purchase of the SUPA IGA supermarket in Karabar, NSW, along with its co-located Liquor Boss store. The regulatory body has determined that this acquisition would likely result in a significant reduction in competition within the local grocery supply market. Gina Cass-Gottlieb,

ACCC Objects to Woolworths’ Purchase of Karabar’s SUPA IGA Read More »

supply chains

Coles’ $105m milk deal shows supermarket supply chain power

News /

Coles’ recent $105 million deal with Saputo highlights the growing power of major supermarkets in consolidating supply chains at the expense of middleman processors. The deal involves the acquisition of processing plants that were part of Murray Goulburn’s failed attempt to enter the market for drinking milk.  Saputo wanted to sell these assets as part

Coles’ $105m milk deal shows supermarket supply chain power Read More »

jeff kennett coles

Jeff Kennett slammed by government grocery reviewer

News /

Key points: Supermarkets employ “arbiters” as independent adjudicators between them and suppliers A government review has slammed Coles’ arbiter Jeff Kennett on a range of issues The reviewer says his behaviour shows why it needs tougher powers including fines The supermarket watchdog has slammed former Victorian premier Jeff Kennett for “flawed” decision-making and failing to

Jeff Kennett slammed by government grocery reviewer Read More »

Woolworths

Woolworths’ proposed acquisition of SUPA IGA Karabar

News /

The ACCC has outlined preliminary competition concerns with Woolworths’s (ASX:WOW) proposed acquisition of the independent supermarket operating as SUPA IGA in Karabar, and co-located liquor store operating as Liquor Boss, in a statement of issues published today. Woolworths and SUPA IGA Karabar currently compete in supplying groceries in the broader Queanbeyan region (encompassing Karabar and

Woolworths’ proposed acquisition of SUPA IGA Karabar Read More »

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