australia's supermarket duopoly
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Confronting corporate power in the food system

Confronting corporate power in the food system | australia's supermarket duopoly | Scoop.it
The Federal Government’s current national food plan process is heavily dominated by business interests.
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Fostering better supermarket / supplier relationships | National Food Plan Blog

Fostering better supermarket / supplier relationships | National Food Plan Blog | australia's supermarket duopoly | Scoop.it
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Mr Emerson, tear down this supermarket duopoly | Article | The Punch

Mr Emerson, tear down this supermarket duopoly | Article | The Punch | australia's supermarket duopoly | Scoop.it
... and Consumers Affair, Craig Emerson. The evidence of the power of the supermarket duopoly is now overwhelming and the Minister must move quickly to inject new competition into the Australian grocery sector.
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Supermarkets put 'fair go' in chains - Sydney Morning Herald

Supermarkets put 'fair go' in chains - Sydney Morning Herald | australia's supermarket duopoly | Scoop.it
Sydney Morning HeraldSupermarkets put 'fair go' in chainsSydney Morning HeraldThis duopoly is a case of market failure; the supermarkets have far too much power over suppliers and can also use their might to dominate the market for prime real...
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Quality Brands and Trusted Retailing - Woolworths Limited

Quality Brands and Trusted Retailing - Woolworths Limited | australia's supermarket duopoly | Scoop.it
Woolworths Limited is made up of some of the most recognisable and trusted brands in retailing, serving millions of customers every day with great choice, low prices and excellent quality.
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Competition and consumer issues: State of play in the food and grocery sector

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Biggest winner of price wars: supermarkets

Biggest winner of price wars: supermarkets | australia's supermarket duopoly | Scoop.it
Neither of Australia’s supermarket giants has lost out from the renewed competition between them.
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Grocery duopoly takes $40 of every $100 spent in Australia

ALMOST $40 of every $100 spent by Australian households now lands in the cash registers of either Coles or Woolworths – the two supermarket chains that between them dominate more than 80 per cent of the Australian retail grocery, liquor and vehicle fuel market – according to exclusive new research by Commonwealth Bank.

 

News Limited reporters Nick Gardner and Renee Viellaris report on 24 April that the bank’s analysis, conducted for Sydney’s The Sunday Telegraph, showed that of the $242 billion in Australian retail sales last year, $94.3 billion, or 38.9 per cent, was taken by one of the corporate giants’ ever-increasing portfolio of retail brands.

 

‘Almost 40 cents in every dollar we spend at the shops is now taken by a Woolworths’ or Wesfarmers’ owned retail entity,’ bank retail analyst Andrew McLennan said.

 

‘Both groups have been expanding their market share through a spate of acquisitions, which has given them an enormous concentration in our retail market.’

 

The news will infuriate critics of the Woolworths-Coles duopoly and strengthen calls for the government to intervene with harder-hitting anti-competitive laws.

 

The companies have been free to extend their interests in groceries, fuel, liquor, gambling, office supplies, electronics, general merchandise, insurance and hardware, sparking concerns that consumers will ultimately pay more.

 

However, the Australian Competition and Consumer Commission said there was ‘nothing inherently anti-competitive about Coles (Wesfarmers) or Woolworths entering a new industry’.


Via AusFarmFwd
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Australian Food & Grocery Council | Business In Focus Magazine

Australian Food & Grocery Council | Business In Focus Magazine | australia's supermarket duopoly | Scoop.it
We are in a position where the level of market power imbalance is so dramatic that manufacturers are really price takers, rather than price setters for their own products, which is quite a bad situation.” ...
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Coles V Woolworths: Who Wins? Do Australian Consumers?

... up the 'duopoly' that Coles and Woolworths have in Australia, saying that: Their market power is immense, it is unprecedented anywhere else in the world that 70 per cent of the grocery market is controlled by just two chains ...
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