Brief: Australia's ACCC Will Begin Monitoring Supermarket Pricing From 1 July
BRIEF-Australia's ACCC Will Begin Monitoring Supermarket Pricing From 1 July June 26 (Reuters) - Australia's ACCC:
WILL BEGIN MONITORING SUPERMARKET PRICING FROM 1 JULY
PROHIBITION STARTS ON 1 JULY 2026, IS CONTAINED IN FOOD AND GROCERY CODE OF CONDUCT
UNDER PROHIBITION, NO FIXED THRESHOLD FOR WHAT IS AN EXCESSIVE PRICE FOR GROCERY PRODUCT
INITIAL FOCUS FOR PROHIBITION WILL BE MONITORING COLES, WOOLWORTH’S PRICING INFORMATION TO ENSURE THEY COMPLY WITH OBLIGATIONS
Further company coverage: COL.AX
((Reuters.Briefs@thomsonreuters.com;))
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