The Australian Competition and Consumer Commission’s (ACCC) Supermarkets Inquiry Final Report was released on Friday, finding major chains had little incentive to be competitive on pricing due to their large market share. The ACCC, in its 441-page report, said there was no "silver bullet", delivering a suite of recommendations to address issues including barriers for new entrants, supermarkets' power imbalance over suppliers and lack of choice in remote locations.
