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The Canberra Times
The Canberra Times
Sara Garrity

New Woolworths will 'lessen competition', watchdog says

Woolworths already operates two supermarkets within 5km of Karabar. Picture by Karleen Minney

Woolworths' proposed acquisition of the Supa IGA in Karabar is likely to "substantially lessen competition in the supply of local groceries in the area", the consumer watchdog says.

The supermarket chain wants to acquire Supa IGA Karabar and Liquor Boss, owned by Canberra developer John Krnc, who also owns the Karabar Shopping Mall in which the stores are located.

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