SUPERMARKET bosses have fronted a senate inquiry into price setting practices and market power held by the industry’s biggest operators.
The senate investigation is one of many inquiries looking currently into supermarkets after multiple allegations of price gouging and ripping off suppliers.
Many from the beef industry have made written submissions to the inquiry since it was opened in December 2023 – with some raising concerns about the price setting practices for red meat and many commending their good relationships with the two biggest supermarkets.
The grassfed industry’s peak…