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Supermarket overhaul: Emerson rejects calls to ‘break-up’ Coles-Woolies duopoly

Article image for Supermarket overhaul: Emerson rejects calls to ‘break-up’ Coles-Woolies duopoly

Supermarkets could face multi-billion-dollar fines for ripping off suppliers, under the recommendations of a major review.

Former Labor Minister Craig Emerson, who led the review, has also dismissed a push to break-up supermarkets for bad behaviour.

Doctor Emerson told Sean Cowan on 6PR Mornings the massive fines would be enough to make the big companies clean up their act.

“It would be a public relations disaster for the ACCC to say, “We found the behaviour of the supermarkets so bad, so egregious and so systemic, that we feel confident of winning a case against them,” he said.

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Images: Asanka Ratnayake/Mark Metcalfe/Getty Images)

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