The Australian Competition and Consumer Commission has given Woolworths the thumbs up to acquire the Supa IGA supermarket in Hawker, Australian Capital Territory.
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ACCC chairman Rod Sims said after extensive investigation the ACCC concluded the acquisition would not result in reducing competition in the market.
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“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.
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