Business
Allowing Woolworths to buy family company ‘a kick in the guts’, ACCC told – NEWS.com.au
Allowing Woolworths to buy family company ‘a kick in the guts’, ACCC told
The competition watchdog is being urged to block Woolworths planned purchase of a controlling stake in Australias biggest family-owned food service distributor, saying the $552 million deal is opportunistic.The Australian Competition and Consumer Commission last month launched a review into the supermarket giant’s proposed acquisition of 65 per cent of PFD Food Services, inviting submissions from interested parties.
On Monday, Australian Small Business and Family Enterprise ombudsman Kate Carnell…
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