Bosses of Woolworths and Coles front ACCC supermarket inquiry | 7.30

The bosses of Australia's biggest supermarkets, Woolworths and Coles, have spent the week facing questions from the competition watchdog.

The inquiry is interrogating the duopoly on allegations of anti-competitive behaviour in pricing and the way they manage land holdings.

7.30’s Alexandra Blucher reports.

Editor's note (22/11/24): Coles CEO Leah Weckert told the ACCC inquiry the company does not engage in land banking, as it wants 'to be investing into properties that deliver a return'.

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