Competition

Small business groups are urging the competition regulator to block Woolworths’ proposed acquisition of family-run PFD Food Services.

In a letter to the Australian Competition and Consumer Commission (ACCC) seen …
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As reported in the AFR this morning (see more) ACAPMA has joined forces with other retail groups to express concern to the ACCC about the proposed acquisition of PFD Foods …
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Woolworths is facing growing opposition to its $552 million acquisition of PFD Food Services as the competition regulator delves deeper into the deal’s impact on the $12 billion sector.

Five food service …
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Earlier this year, Woolworths announced its intent to acquire 65% of PFD at an estimated total cost of $552M. With more than $2M in annual turnover and employing an estimated …
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The Australian Consumer and Competition Commission (ACCC) says a $552 million acquisition by Woolworths of privately owned PFD Food Services could give the supermarket giant too much bargaining power and …
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ACCC Chairman, Mr Rod Sims recently provided a major address to the National Press Club in Canberra. The address, titled ‘Market power in the COVID-19 era’, highlighted the need for …
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The Australian Competition and Consumer Commission (ACCC) has finalised the process by which small businesses can come together to collectively bargain with customers or suppliers, and fuel retailers can come …
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As part of the review process of major acquisitions the ACCC consults with business and industry who are likely to be impacted by a proposed acquisition. In the case of …
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The ACCC has granted conditional authorisation and approval to enable the Australian Institute of Petroleum (AIP), its current members, and any future parties approved by the ACCC, to cooperate to …
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FUEL prices at one of Cairns’ servos has risen slightly after setting a record low in years but remain below $1 per litre in line with a nearby competitor.

As …
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