Former Woolworths chairman backs Mitre 10, Home merger

 In Australia, Hardware, Metcash/IGA, NewZealand, Woolworths
Former Woolworths chairman John Dahlsen says Woolworths’ exit from the $45 billion home improvement market could boost competition if regulators approve a merger between wholesalers Mitre 10 and Danks and clamp down on Bunnings’ expansion.
Mr Dahlsen, who owns Australia’s largest independent trade hardware chain, has urged the Australian Competition and Consumer Commission to veto Bunnings from buying Masters stores in markets where it already has a presence, saying the retailer’s dominance of the DIY sector is "not good for competition". Sydney Morning Herald – Read more…

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