Thursday, December 6, 2012

ACCC raises concerns over Woolies' bid to acquire Super IGA store in Canberra - The Australian



AS the impending legal showdown between Woolworths boss Grant O'Brien and Australian Competition & Consumer Commission chief Rod Sims looms closer, investors must soon question the value added by O'Brien's insatiable appetite for new stores.



Canberra is the centre of the latest battle where O'Brien already controls 50 per cent of the market, dominates the south of the city and is fast moving to a similar position in the north.



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