Coles and Woolworths are buying up large independent grocers to safeguard their market dominance, claims IGA. This strategy blocks smaller retailers from growing into competitive alternatives, according to recent inquiry findings.

#coles #woolworths #iga #supermarkets #australiagrocery #retail #competition #smallbusiness #australianbusiness #marketdominance

https://www.theguardian.com/australia-news/2024/nov/14/supermarkets-inquiry-coles-woolworths-buy-independents-dominance

Coles and Woolworths buy big independents to help protect dominance, IGA says

Major supermarkets’ takeover strategy prevents smaller grocers from growing into stronger competitors, inquiry hears

The Guardian