General
‘Limited incentive’ for Coles and Woolworths to compete vigorously on price, and margins have risen, ACCC finds
Coles and Woolworths have so much power that they don’t need to compete hard on price, an inquiry into the supermarket sector has concluded.
The Australian Competition & Consumer Commission (ACCC) found both supermarket giants have increased their earnings margins in recent years, with a more…
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