Woolworths: Price-fixing not focus of probe
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July 7, 2009, 12:48 pm
Filed under: Retail
Filed under: Retail
The competition commission’s recently announced investigation into supermarkets was not about price-fixing, Woolworths chief executive Simon Susman said on Tuesday.
The probe was about “testing pro-competitive and anti-competitive effects of certain practices”.
On Monday the commission initiated an investigation into supermarket chains for possible breaches of the Competition Act.
The investigation was prompted by the concerns of stakeholders and the public. – Sapa
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