Coke boss blasts supermarkets over ‘loss leaders’

 In Australia, Coles, NewZealand, Woolworths

Coca-Cola Amatil has rallied behind the competition regulator in its crackdown on aggressive supermarket practices, calling for a debate over discount tactics, the Australian Financial Review reports.
Chief executive Terry Davis said the government needed to do more to protect Australian manufacturers and called for a debate over practices such as selling popular products below cost as ‘‘loss leaders’’.  Sydney Morning Herald – Read more…

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