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Dutton sets sights on Coles, Woolies ‘market domination’

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Opposition Leader Peter Dutton has accused Coles and Woolworths of stifling competition by sitting on undeveloped land near their stores and vowed measures to protect consumers from higher prices.

The Coalition is working on a plan to forcibly break up the supermarket giants if they abuse their market power and Mr Dutton said the Morrison government had brought down power bills via “big stick” laws that threatened to break up electricity retailers, signalling a similar approach may be possible for supermarkets.

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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com
Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au

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    Original URL: https://www.afr.com/link/follow-20180101-p5fh05