Government’s bid for new entrant to shake up supermarket sector
Minister threatens legislation but not if incumbents make voluntary divestment undertakings.
Woolworths and Foodstuffs face the prospect of legislative intervention.
Foodstuffs and Woolworths have a lot to think about after Economic Growth Minister Nicola Willis announced the Government next steps to introduce competition to the grocery sector.
In an announcement today Willis has warned if no new competitor enters the supermarket sector, she will legislate to
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