Business Services Industry
Coles' ACCC deal worries Woolies.(Australian Competition & Consumer Commission)(Brief Article)
Australasian Business Intelligence, May, 2005
May 08, 2005 (Food Week - ABIX via COMTEX)
Coles Supermarkets has agreed to pay $A5 million to settle legal action against it by the Australian Competition & Consumer Commission (ACCC). The action was in regard to practices that the retailer engaged in New South Wales in regard to liquor licences that may have been in contravention of the Trade Practices Act. The ACCC has made similar allegations against Woolworths, Coles' main rival, but Woolworths is known to be keen to take the matter to the courts. John Fletcher, the CEO of Coles Myer, said that the practices that were the subject of the ACCC's actions "were very much in the past".
Publication Date: 6 May 2005
COLES SUPERMARKETS AUSTRALIA PTY LTD:
COLES MYER LIMITED - ASX CML:...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
