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Breaking: ACCC knocks back Coles supermarket as consumer watchdog flexes new powers
Key takeaways
- Coles opened its existing Kalgoorlie supermarket in 2021 after a $16 million development.
- Coles has been wanting to open a second supermarket and a Liquorland in the nation's biggest outback city, Kalgoorlie.
- The town already has a Coles, Woolworths, two franchised IGA supermarkets, and two independent grocers.
Why this matters: an international story with cross-border implications worth tracking.
Coles opened its existing Kalgoorlie supermarket in 2021 after a $16 million development. (ABC Goldfields: Jarrod Lucas)
Link copied Share Share article In an unprecedented move, Australia's consumer watchdog has exercised new powers to block the opening of a Coles supermarket, on the grounds it could knock out smaller competitors in the surrounding region.
Coles has been wanting to open a second supermarket and a Liquorland in the nation's biggest outback city, Kalgoorlie.
Article preview — originally published by ABC Australia. Full story at the source.
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