Australia launches competition, pricing review in supermarket sector

SYDNEY - Australia on Thursday launched a wide-ranging review into pricing and competition in its supermarket sector as the government unveils a series of policies to improve household finances and boost its flagging popularity. The Australian Competition and Consumer Commission (ACCC) will be tasked with the 12-month inquiry, the first since 2008, Prime Minister Anthony Albanese said in a joint ministerial statement on Thursday. The ACCC will examine how competition in the sector has changed since the last review in 2008, how prices are set across the supply chain, in particular between farms and supermarkets, and "impediments" to competitive pricing, the release said. "My ...Keep on reading: Australia launches competition, pricing review in supermarket sector

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