The competition watchdog’s forensic questioning of Woolworths has so far failed to land a punch or leave red-faced supermarket executives squirming.
into the sector. But it’s politicians of every stripe who will be sweating on the prospect of the Australian Competition and Consumer Commission digging up solid dirt on the grocery giants.
There are no gotcha moments, and the ACCC affair seems as far removed as it can be from the numerous Senate inquiries, in which politicians have been striving to catch out corporate executives with pointed questions. While very few of those watching will have a much greater appreciation of the mechanics of supplier rebates – how Woolworths buys and holds potential supermarket property sites, or how much data it collects via its loyalty schemes or app – they will be interested in the outcome.
Canberra really needs the supermarket report card from the ACCC to demonstrate that the two giants of the sector are behaving in an anticompetitive manner.
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