Aldi executives face questioning by Australia's ACCC over supermarket competition and pricing.

Aldi executives will be questioned by the Australian Competition and Consumer Commission (ACCC) as part of an investigation into supermarket competition and pricing. Aldi holds a 9% market share, while Coles and Woolworths dominate with 67%. The ACCC highlights long entry times into the market and the lack of negotiating power for fruit and vegetable growers. The federal government has pledged $30 million for continued investigations and plans to introduce new merger laws and a mandatory code of conduct for the sector.

November 10, 2024
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