Woolies acquisition vetoed

 In Australia, NewZealand, Woolworths
The Australian Competition and Consumer nCommission (ACCC) has released a Statement of Issues (SoI) outlining nconcerns with the proposed acquisition of the Hawker Supa IGA in the ACTn by Woolworths.n
nThe SoI has asked for more information on competition issues which have narisen from the ACCC’s review to date.nThe ACCC’s preliminary view is that the proposed acquisition may result nin a substantial lessening of competition in the local supermarket nmarket. Inside Retail – Read More.

Recent Posts

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.