Australia will mandate a fair conduct code for supermarkets by April 2025, with strict fines for non-compliance.

The Australian government is introducing legislation to make the Food and Grocery Code of Conduct mandatory for supermarkets starting April 2025. This aims to ensure fair treatment for suppliers and consumers. Supermarkets like Woolworths and Coles could face fines of up to $10 million for breaches, with the Australian Competition and Consumer Commission gaining additional enforcement powers. The opposition questions the timing of the announcement but acknowledges the need for reform.

November 26, 2024
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