Latest News for: accc

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ACCC Deputy Chair discusses the findings of the supermarkets inquiry

Australian Broadcasting Corporation 21 Mar 2025
ACCC Deputy Chair Mick Keogh says the supermarkets inquiry focused on finding ways to improve competition as it found that Coles and Woolworths are among the most profitable chains in the world ... .
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Are the supermarkets price gouging? It's 'very difficult' for the ACCC to say

Australian Broadcasting Corporation 21 Mar 2025
Allegations of price gouging by the supermarket giants prompted an inquiry into the sector by the ACCC — but after a year of investigating, its final report hasn't been able to say whether it's taking place ... .
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ACCC Finds Australia's Supermarkets Are Among The World's Most Profitable But Doesn't Accuse Them Of ...

MENA FN 21 Mar 2025
(MENAFN - The Conversation) Australia's supermarket sector has endured a long, uncomfortable moment in the spotlight. There have been six comprehensive inquiries into its conduct, pricing practices, ... .
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ALDI, Coles, and Woolworths Among the Most Profitable Supermarkets Globally: ACCC

The Epoch Times 21 Mar 2025
At the same time, among numerous findings, the Australian Competition and Consumer Commission (ACCC) said it was difficult for new larger competitors to enter the market. The ACCC said the ...
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ACCC report confirms fresh produce sector concerns (National Farmers' Federation Ltd)

Public Technologies 21 Mar 2025
"The ACCC's conclusion - that major supermarkets' use of market power could have lasting consequences for efficiency and sustainability - underscores the urgency of action.".
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ACCC report highlights supermarkets’ big profits, influence (ADF - Australian Dairy Farmers Ltd)

Public Technologies 21 Mar 2025
) ... Australian Dairy Farmers (ADF) says the Australian Competition and Consumer Commission's (ACCC) inquiry shows more must be done to strengthen safeguards for dairy farmers, and the agriculture industry more broadly ... Share Tweet Pin it Share ... (noodl.
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ACCC urges reform as Coles and Woolworths named among ‘most profitable’ supermarkets in world

The Observer 21 Mar 2025
The Australian Competition and Consumer Commission (ACCC) also found the big chains, along with discount rival Aldi, are among the most profitable supermarket businesses in the world, and that the sector requires widespread reform.
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Coalition and Greens urge Labor to introduce powers to break up Coles and Woolworths duopoly

The Guardian 21 Mar 2025
Parties call for intervention after ACCC report found Australian grocers among most profitable in world amid cost-of-living crisisGet our ...
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Do 'ColesWorth' have a duopoly? The ACCC will soon deliver its verdict

Australian Broadcasting Corporation 20 Mar 2025
A long-awaited report into the market power of Australia's two major supermarkets — dubbed 'ColesWorth' — will soon be made public ... .
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Woolies and Coles have 'limited incentive' to compete hard on price, ACCC finds

Australian Broadcasting Corporation 20 Mar 2025
The consumer watchdog's hotly anticipated report into Australian supermarkets concludes the two major players have so much power, they don't need to compete "vigorously", but the ACCC stopped short of declaring grocery prices excessive ... .
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Live: Coles argues supermarkets 'highly competitive' despite ACCC findings

Australian Broadcasting Corporation 20 Mar 2025
Coles and Woolworths will be in focus as they respond to the ACCC's inquiry into supermarket pricing and competition. Follow the day's events and insights from our business reporters on the ABC News live markets blog ... .
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ACCC consults on assessment guidelines for new merger regime (Australian Competition and Consumer Commission)

Public Technologies 20 Mar 2025
The ACCC has marked a further milestone in the transition steps towards the new merger regime with the release of the draft merger assessment guidelines for consultation ... The ACCC welcomed the new legislation.
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ACCC recommends supermarket reforms to provide better outcomes for consumers and suppliers (Australian Competition and Consumer Commission)

Public Technologies 20 Mar 2025
These challenges highlight the importance of enhancing the ACCC's ability to scrutinise acquisitions by Coles and Woolworths, which the recently passed merger reform laws will assist with ... The ACCC's 20 recommendations are.
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