Coles cleared to buy three WA stores

 In Australia, Coles, NewZealand
The consumer watchdog has cleared the way for Coles to buy three Progressive IGA supermarkets in Western Australia.
Coles’ plans to buy the three supermarkets, in Perth suburb Dianella and Bunbury and Halls Head south of Perth, had met with community opposition over concerns the purchases could hurt competition.
But the Australian Competition and Consumer Commission (ACCC) said there was at least one other major independent supermarket in each of the communities.  Sydney Morning Herald – Read more…

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