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By Byron Kaye and Renju Jose
SYDNEY (Reuters) -Australia's major supermarkets should face hefty fines if they do not comply with an industry code of conduct when dealing with suppliers, a government-commissioned report said while rejecting calls to give regulators the power to break up the big chains.
Supermarkets with more than A$5 billion ($3.3 billion) in annual revenue - which at present are Woolworths, Coles, Germany's ALDI and wholesaler Metcash - should be forced to comply with the code...
>>> Read more: Australia supermarkets should face hefty fines for code of conduct breach, says report
SYDNEY (Reuters) -Australia's major supermarkets should face hefty fines if they do not comply with an industry code of conduct when dealing with suppliers, a government-commissioned report said while rejecting calls to give regulators the power to break up the big chains.
Supermarkets with more than A$5 billion ($3.3 billion) in annual revenue - which at present are Woolworths, Coles, Germany's ALDI and wholesaler Metcash - should be forced to comply with the code...
>>> Read more: Australia supermarkets should face hefty fines for code of conduct breach, says report