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The Guardian - AU
The Guardian - AU
Business
Jonathan Barrett Senior business reporter

‘Neutralising’ Coles: what we learned from Woolworths at the ACCC supermarket hearing

Brad Banducci and Amanda Bardwell.
Woolworths former chief executive, Brad Banducci and current CEO, Amanda Bardwell spoke at the ACCC’s inquiry into the supermarket sector. Photograph: SUPPLIED/PR IMAGE

Woolworths executives have been asked if they compete with rival Coles, or just price match and if the supermarket’s policy of holding undeveloped sites for “strategic reasons” is designed to lockout competitors.

A government-ordered inquiry into the supermarket sector turned its attention to Australia’s biggest supermarket on Monday amid concerns over the market power and pricing practises of the country’s major grocery retailers.

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