Coles has rejected allegations by the consumer regulator that it used standover tactics against suppliers
Yesterday in the Federal Court in Melbourne, the supermarket chain filed its 34-page response to a legal action brought by the Australian Competition and Consumer Commission back in May, News Corp reports.
The ACCC has claimed Coles threatened to clear certain products from its shelves unless about 200 smaller suppliers agreed to pay additional rebates ranging from about 0.7 percent to more than 1 percent of sales, depending on the supplier, Fairfax Media reports.
Coles referred to this arrangement as its Active Retail Collaboration (ARC) program. NineMSN – Read more…