ACCC rules out appealing to the High Court to quash Metcash's takeover of Franklins
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Metcash to digest Franklins logistics after court win
Metcash’s supply chain will continue swallowing the load of 80 NSW and ACT more stores, now that the full bench of the Federal Court has rejected Australian Competition and Consumer Commission’s application to prevent Metcash from acquiring the Franklins supermarket business.
In doing so, the Federal Court held that state markets were part of a broader national market, the point that Metcash has always argued.
“We will continue the process of seeking and reviewing expressions of interest for the stores, which are being sold to independent retailers,” Metcash CEO Andrew Reitzer says.
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Plan for how you pass on carbon tax: lawyers
Warning that 'carbon cop' armed with broad powers will be on the lookout and could well behave like it did with GST
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Franklins on the brink, so Metcash gets takeover approval
Metcash granted approval to finalise takeover of financially-stricken supermarket chain Franklins, but ACCC wins right to appeal
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Metcash disappointed, but ACCC to appeal
The ACCC is appealing a Federal Court decision granting Metcash the right to take over the Franklins supermarket business
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Metcash beats ACCC in legal stoush
Federal Court win opens way to purchase of Franklins from Pick n Pay
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Diversify or die, dairy farmers told
Coles and Woolworths’ decision to drive down milk prices means dairy farmers must diversify or die, MP says
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Supermarkets under fire over dairy ‘turf war’
Queensland MPs criticise supermarkets for slashing dairy prices, fearing the effect the "turf war" will have on farmers
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End milk price war now: MP
Liberal MP calls for end to milk price war as Senate votes to scrutinise impact of price discounting
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ACCC goes to court to head off Metcash challenge
ACCC seeks Federal Court hearing after Metcash launches first serious challenge to its authority since early in the decade
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