ASX 200: Coles, Woolies shares fall on ACCC crackdown; ASX Ltd sinks

Supermarket giants Coles and Woolworths are under pressure as the competition watchdog looks into price gouging. Sharemarket operator ASX dividends to be cut to pay for $150m ASIC hit.

A busy week has kicked off for some major CEOs - Woolworths' Amanda Bardwell, Coles' Leah Weckert and ASX Ltd's Helen Lofthouse.

That’s all from The Australian’s rolling coverage of business and markets news for Monday, December 15.

The ASX 200 index closed down 0.7 per cent at 8635 points on surprisingly broad-based falls led by the materials sector after Friday’s tech-led declines on Wall Street.

Originally published as ASX 200: Coles, Woolies shares fall on ACCC crackdown; ASX Ltd sinks