Metcash: Woolworths and Coles Accused of Land Banking
In the ongoing Senate inquiry into supermarket prices, it has come to light that Australia’s dominant supermarket players, Woolworths and Coles, have been utilising a legal yet under-the-radar tactic known as “land banking” to stifle competition from independent grocers. Essentially, they acquire property or undeveloped land and hold onto it, leveraging their market dominance to […]
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