Business Council Warns About Greens’ Bill to Break up Supermarket Giants

‘Trying to rush through laws which have considerable unintended consequences, including harming consumers with increased prices, is not the answer.’
Business Council Warns About Greens’ Bill to Break up Supermarket Giants
People line up outside a Coles supermarket in Melbourne, Australia, on Aug. 2, 2020. Darrian Traynor/Getty Images
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The push to break up the supermarket duopoly could end up forcing customers to pay more and give “extreme power” to the government, a peak business body has warned.

It comes after the left-wing Greens proposed a divestiture power bill that would allow the Australian consumer watchdog, and the courts, to make Coles and Woolworths sell their assets if they are found to be uncompetitive.

Nina Nguyen
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Nina Nguyen is a reporter based in Sydney. She covers Australian news with a focus on social, cultural, and identity issues. She is fluent in Vietnamese. Contact her at [email protected].
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