ACCC puts supermarkets on notice

The new head of the ACCC has the major supermarket chains, airports and the telecommunications sector in his sights.

Australian Competition and Consumer Commissioner chairman Rod Sims said the two major supermarket chains Coles and Woolworths still had significant market power.

‘‘Many smaller suppliers to the supermarkets feel they lack a real ability to negotiate supply arrangements,’’ said Mr Sims. ‘‘The ACCC can and will watch closely to ensure any such dealings do not involve unconscionable conduct by the supermarkets.’’

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