The Business Council of Australia warns that a Greens bill proposing to break up Coles and Woolworths could lead to increased prices and job risks.

The Business Council of Australia warns that a Greens bill proposing to break up supermarket giants, Coles and Woolworths, could force customers to pay more and give "extreme power" to the government. The bill would allow the Australian consumer watchdog and courts to make Coles and Woolworths sell their assets if they are found uncompetitive, but the Business Council argues that it could lead to increased prices and job risks.

March 24, 2024
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