From www.bartier.com.au: The Australian Competition and Consumer Commission’s report highlights the dominance of Coles and Woolworths in the grocery sector, revealing their combined market share of 67% and an increase in profit margins despite rising grocery prices.

The report offers 20 recommendations aimed at improving market competition, enhancing consumer transparency, and addressing supply chain issues, but notably does not suggest breaking up the major chains.

Key findings include the monopolistic power exercised by these retailers over suppliers and the negative impact on consumers, especially in regional areas where competition is limited.