ACCC reaches agreement with supermarket operators to end restrictive leases

By David Olsen · 8 February 2010 · Franchising

ACCC Cracks Down on Supermarket Leases

The Australian Competition and Consumer Commission has reached a major agreement with major supermarket operators to end restrictive leases. But what does this mean for your local supermarket and your wallet?

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Summary

The Australian Competition and Consumer Commission today announced further agreements with major supermarket operators to phase out restrictive provisions in supermarket leases. The ACCC has reached agreement with ALDI Foods, Franklins, SPAR Australia, Australian United Retailers Limited (trading as Foodworks) and Metcash Limited that they will not enter into any new leasing agreement which includes […]