Published: December 04, 2019
ACCC says it was ‘fully prepared’ to take Coles to court over the allegations
Supermarket giant Coles has agreed to pay an extra $5.25m to one of its milk suppliers to settle a stoush with the consumer watchdog over whether it was passing all of a 10c a litre price increase on to dairy farmers.
The Australian Competition and Consumer Commission began investigating Coles following a promotional campaign in March in which the company promised it would “pass the extra 10c per litre to processors who will distribute all of the money to the farmers who supply them with milk for Coles brand”.
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