Metcash Claims Supermarket Majors Buying Up Properties to Remove Competitors

Woolworths has denied the claim, saying their growth is driven by consumer demand.
Metcash Claims Supermarket Majors Buying Up Properties to Remove Competitors
A shopper places salad mix in a bag at Victoria Market in Melbourne, Australia, on July 5, 2022. William West/AFP via Getty Images
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Food wholesaler Metcash has called on the government to strengthen competition laws to protect independent supermarkets from the alleged predatory business practices of major players.

During a Senate hearing on April 11, Grant Ramage, CEO of Metcash’s food division, said the growth of two major supermarket chains, Coles and Woolworths, had been left unchecked for a long time.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].