A SENATE inquiry scrutinising the impact of market concentration on food prices and the pattern of pricing strategies employed by supermarkets has been mostly welcomed by industry groups, with some calling for it go further.
The Greens are spearheading the inquiry that will look into nine different terms of reference, ranging from profits to pricing structures and protecting suppliers. (full terms of reference at the bottom of this article)
In announcing the inquiry, Greens senator Nick McKim singled out the two biggest supermarkets, Coles and Woolworths, saying they are “making…