Supermarket Duopoly Accused of Greedily Screwing Suppliers and Customers
• Coles and Woolworths abuse their duopoly power to price gouge suppliers and customers • Suppliers must agree to unfair terms set by the supermarkets to do business with them • Price increases requested by suppliers allow supermarkets to further increase their margins • Supermarkets delay and play games before approving price increases to extract more from suppliers • Lack of competition allows this cycle of greed that screws the Australian public on cost of living