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Should multinational chain stores, such as Walmart and Costco, be allowed to set up in Australia?
- No (83%, 49 Votes)
- Yes (17%, 10 Votes)
Total Voters: 59
Loading ...The ACCC Gets It Right - For A Change
October 18th, 2007
Woolworths have been told that they cannot buy K-Mart if Westfarmers want to split up the Coles Group, as this, combined with Woolworths dominance in the supermarket area and their ownership of Big W, would create an anti-competitive situation. They would, however, be allowed to buy Officeworks – a market where they have little current presence.
This seems fair to us as it is based on a sound formula. It does not seek to prevent Woolworths expanding – as long as it does not lead to market dominance and a near monopoly situation.
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