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Politicians and media attack the wrong cartel

September 26, 2024 - 08:00 -- Admin

The Coalition recently proposed legislation to require firms in specific industries to divest assets if they are deemed to have abused their market power. The divestiture powers will especially target supermarket and hardware companies with yearly revenue of more than $5 billion, including Coles, Woolworths, and Bunnings. On Tuesday, Prime Minister Anthony Albanese announced a

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