Business
Woolworths’ acquisition of PFD Foods faces growing opposition – The Australian Financial Review
Five food service and retail industry associations have joined forces to urge the competition regulator to block the deal.
Woolworths is Australias largest food and grocery retailer and has a growing B2B/wholesale business supplying small businesses such as schools and childcare centres, while PFD is Australias second-largest food service distributor.
We believe that Woolworths ability to dramatically impact price through cross subsidy on key ranges or products to rapidly gain market share will be to the detriment of the majority of our members operating in the food sector and to many
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