ACCC takes action against Coles for unconscionable conduct
The competition watchdog has taken further legal action against supermarket chain Coles, alleging the retailer breached the law by engaging in unconscionable conduct against five suppliers.
The Australian Competition and Consumer Commission alleges that Coles took advantage of its superior bargaining position by demanding money from suppliers that it was not lawfully entitled to.
For example, the retailer is alleged to have forced suppliers to pay the cost of wastage and theft in stores, even, in one case, when products were stolen by Coles employees.
It is alleged to have fined suppliers for late deliveries when they were not due and deducting fees without explaining the reason. Sydney Morning Herald – Read more…
The Australian Competition and Consumer Commission alleges that Coles took advantage of its superior bargaining position by demanding money from suppliers that it was not lawfully entitled to.
For example, the retailer is alleged to have forced suppliers to pay the cost of wastage and theft in stores, even, in one case, when products were stolen by Coles employees.
It is alleged to have fined suppliers for late deliveries when they were not due and deducting fees without explaining the reason. Sydney Morning Herald – Read more…
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