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THE Federal Government has conceded Australians pay more for food because of the Woolworths-Coles duopoly. "Personally, I think market concentration has been a factor," Consumer Affairs Minister Craig Emerson told The Daily Telegraph yesterday. Full Article at The Courier Mail
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A consumer watchdog says there is little doubt New Zealand's supermarket duopoly is behind grocery prices rising faster in New Zealand than most major industrialised countries. Full Article at New Zealand Herald
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COMPETITION watchdog Graeme Samuel has defended Australia's retail giants over grocery prices, rejecting claims that the nation's supermarket duopoly is forcing consumers to pay the fastest-rising food prices in the developed world. Full Article at The Australian
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THE Federal Government is threatening to apply the blowtorch to the supermarket duopoly over damning figures suggesting Australians pay more for groceries. But Coles and Woolworths are arguing the stats don't add up. Full Article at Adelaide Now
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Supermarket giants Coles and Woolworths are being blamed for Australians paying the fastest growing prices for groceries in the world. Full Article at The Age
Related Quotes
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Giving consumers more information does not necessarily equal more competition ... We're taking on hard measures by taking down the barriers to competition with Coles and Woolworths.
– Craig Emerson SOURCE: The Australian -
In September the government's competition watchdog ended restrictive agreements in leases between shopping centers and Coles and Woolies.
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If you maximize competition in the grocery industry you therefore put downward pressure on prices
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Let's get through the first anniversary of the direct stimulus program that we had in December, let's get through one or two interest rate rises depending on what the Reserve Bank decides to do ... and let's reassess the situation come January
SOURCE: The Courier Mail
