Woolworths gets green light to acquire IGA supermarket
The Australian Competition and Consumer Commission has given Woolworths the thumbs up to acquire the Supa IGA supermarket in Hawker, Australian Capital Territory.
n
ACCC chairman Rod Sims said after extensive investigation the ACCC concluded the acquisition would not result in reducing competition in the market.
n
n
“The ACCC found that the local market included several supermarket offerings. Within this market, the Hawker Supa IGA’s closest competitor was a Coles supermarket at the nearby Jamison Centre, which also has an ALDI. The local Woolworths supermarkets are more distant competitors,” he said. Retailbiz – Read More.
n
Recent Posts
