Woolworths has been accused of benefitting from Covid restrictions while smaller firms have suffered © Getty Images
Woolworths has been accused of benefitting from Covid restrictions while smaller firms have suffered © Getty Images

Woolworths' purchase of PFD raises competition concerns

11 January 2021

Supermarket chain Woolworths’ proposed $552m acquisition of food distributor PFD Food Services could give it too much bargaining power with suppliers and reduce consumer choice, according to the competition watchdog.

The Australian Competition and Consumer Commission (ACCC) said it was concerned the merger would restrict choice of potential customers among food manufacturers and lessen competition within the supermarket sector.

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