Reuters
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 of conduct that has until now been voluntary, the interim report by former competition minister Craig Emerson recommends.
Reuters