The Australian Competition and Consumer Commission has instituted proceedings in the Federal Court of Australia against Coles Supermarkets alleging Coles engaged in ‘‘unconscionable conduct’’ against some suppliers.May 13, 2014 3:09am
The Australian Competition and Consumer Commission has instituted proceedings in the Federal Court of Australia against Coles Supermarkets alleging Coles engaged in ‘‘unconscionable conduct’’ against some suppliers.
The ACCC alleges that in 2011, Coles developed a strategy to improve its earnings by obtaining better trading terms from its suppliers.
‘‘It is alleged that one of the ways Coles sought to improve its earnings was through the introduction of ongoing rebates to be paid by its suppliers in connection with the Coles ARC program, based on purported benefits to large and small suppliers that Coles asserted had resulted from changes Coles had made to its supply chain,’’ the ACCC claims.
‘‘Coles’ target was to obtain $16
Coles has replied that the ACCC legal action concerned a detailed supply chain program implemented by Coles more than two years ago as a part of its strategy to develop a more efficient and internationally competitive supply chain.
‘‘The project involved improvements to both supply chain collaboration and efficiencies in logistics.
‘‘It was designed to deliver benefits to Coles, suppliers and customers through lowering costs and improving availability of stock in our stores,’’ the Coles statement said.
‘‘Coles will vigorously defend the allegations made against it by the ACCC.’’
Australian Dairy Farmers president Noel Campbell said the ACCC would allege Coles had engaged in unconscionable conduct towards 200 of its smaller suppliers in breach of the Australian Consumer Law.
‘‘ADF welcomes the ACCC’s decision to take Coles to the Federal Court of Australia for using undue pressure and unfair tactics in negotiating with suppliers,’’ Mr Campbell said.
‘‘Coles’ alleged behaviour towards suppliers includes providing misleading information and taking advantage of their superior bargaining position.
‘‘We very much look forward to the result of the court case, given ADF’s strong track record of advocacy to the ACCC since the introduction of the $1 per litre retail milk price.
‘‘This latest action by the ACCC once again highlights the need for a mandatory code of conduct, including the establishment of an independent supermarket ombudsman with penalties to balance the excessive power of the major retailers.’’
A lack of wind caused children to run wildly up and down Maude St Mall on Monday.
With Dookie sitting fourth on the ladder the Bears expected a hard contest on their home deck and when they kicked the first two goals it was game on.
Tatura Community House held its annual High Tea fundraiser at the facility on Tuesday, with a full-house present to enjoy a sumptuous morning tea, good conversation and relaxing time together.
NSW police are appealing for information following the disappearance of a man, west of Deniliquin.
Fruits and vegetables should be an important part of the daily diet, they are naturally good and contain vitamins and minerals that can help to keep you healthy.
Ky export gets first Navy Blues win.
Passage of federal legislation brings $100m project closer to reality.
A beauty pamper day has raised a whopping $18k to assist local lady Terri Bevan with her ongoing medical costs associated with her brain tumour
Heathcote mourned the passing of World War II veteran and the face of Heathcote’s Anzac Day celebrations Clarice Reid on Wednesday.
Hundreds of homes in Cobram, Cobram South and Strathmerton will soon have access to the national broadband network, with work beginning to connect fixed wireless to premises throughout the area.
An exciting three-hole playoff saw Virginia Lange take a narrow win in the Deniliquin Ladies Golf Championship last Thursday.
The G-MW Murray gravity irrigation system has received 35 per cent and the Goulburn system 42 per cent of allocation from July 1.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.