Discount chain Aldi says it won’t compete with Coles and Woolworths in the online grocery shopping boom, telling a competition inquiry the move would undercut its position as the cheapest supermarket.
The German-owned chain has more than 10 per cent market share in Australia and about 600 stores around the country.
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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
