What's at stake: The market power of Australia's supermarket duopolists Coles and Woolworths, and all large corporates in other sectors.
Background: The Greens have flagged legislation to give competition watchdog the ACCC the power to force companies which abuse their market power to sell assets. The Government and the main opposition party are opposed to the move.
Main players: Australian Greens, Anthony Albanese, Peter Dutton, Coles, Woolworths, the ACCC, Australian consumers.
A few months ago the Albanese Government was making a great play of cracking down on Australia’s supermarket duopoly, but now they are running away from supporting the one thing which would really make a difference.
The Greens are set to introduce a bill into the Senate which would insert
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What's at stake: The market power of Australia's supermarket duopolists Coles and Woolworths, and all large corporates in other sectors.
Background: The Greens have flagged legislation to give competition watchdog the ACCC the power to force companies which abuse their market power to sell assets. The Government and the main opposition party are opposed to the move.
Main players: Australian Greens, Anthony Albanese, Peter Dutton, Coles, Woolworths, the ACCC, Australian consumers.
