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New retailer-supplier code a step in the right direction

"A voluntary code is a good first step but given the marked concentration of power and lack of competition in the Australian supermarket sector voluntary measures are unlikely to be enough to address misuses of market power by the two supermarket giants.

"As the market share of Coles and Woolworths has grown, they have squeezed the margins of some suppliers and put pressure on many farmers and local manufacturers. Small local shops are struggling to compete and consumers' favourite brands have disappeared from the shelves.

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Greens taking action to tackle supermarket power in Australia

Australian Greens spokesperson for competition and small business, Senator Peter Whish-Wilson, announced the Greens' plan to tackle big supermarket dominance ahead of today's public symposium on Supermarket Power in Australia sponsored by Monash University and the Melbourne University Law School.

"Our plan tackles the supermarket duopoly nationally, ensures fair competition for farmers and small business, and reforms competition policy so it serves the interests of the Tasmanian community, not just big business," Senator Peter Whish-Wilson said.

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