ACCC

ACCC

ACCC Chairman Vows Action Against Unreasonable Supermarket Prices

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,” […]

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Albanese

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

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

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ACCC

ACCC Issues Caution to Supermarkets Regarding Discount Promises

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

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milk coles factory

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

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

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SUPA IGA

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

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,

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supply chains

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

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

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jeff kennett coles

Jeff Kennett slammed by government grocery reviewer

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

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Woolworths

Woolworths’ proposed acquisition of SUPA IGA Karabar

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

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ACCC

ACCC okays Coles, Woolies and Aldi taskforce to find short-term fix for collapsed REDcycle scheme

The nation’s leading supermarket retailers, led by Coles, Woolworths and Aldi, will form part of a Soft Plastics Taskforce to explore solutions to address the immediate effects of the recent collapse of the REDcycle scheme for soft plastics. They received conditional interim authorisation from the competition regulator on Friday. Coles, Woolworths and ALDI lodged an

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SUPA IGA Karabar

Consultation opens on Woolworths’ proposed acquisition of SUPA IGA Karabar

The ACCC is seeking views from consumers and businesses in the Queanbeyan area on Woolworths’ proposed acquisition of SUPA IGA Karabar. Woolworths and SUPA IGA Karabar currently compete in supplying groceries in the broader Queanbeyan region (encompassing Karabar and Jerrabomberra). Post the acquisition, Woolworths is proposing to operate a Woolworths Metro supermarket on the existing

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mydeal

Woolworths get tick from ACCC on MyDeal buy

Supermarket giant Woolworths Group has gained the tick of approval from the competition regulator on its planned acquisition of online marketplace retailer MyDeal. Woolworths, through its 176 bricks and mortar Big W stores and supermarkets, and MyDeal, through its online marketplace, sell a variety of general merchandise including furniture, health and beauty products, homewares and

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