The Senate Standing Committee on Economics has recently opened an inquiry into the price setting of ‘big box’ retailers with submissions open now until 27 September 2024. The Committee’s Terms of Reference for the inquiry and subsequent report to the Australian Senate is:
- The role of Australia’s ‘big box’ retailers and large format retailers in price setting, with particular reference to:
a. the market behaviours of such retailers, including price negotiation practices, abuse of market power and engagement with suppliers, in particular horticultural producers;
b. whether big box and large format retailers that sell products that fall under the category of grocery should be included in the grocery code of conduct;
c. acquisition and use of land; and
d. any other related matters.
2. That, for the purpose of the inquiry, a ‘big box’ retailer refers to a retail store that occupies a large physical footprint and offers a variety of products and a broad product mix to its customers.
For more information on making submissions, the Senate Economics Committee, or to track the progress of the inquiry please see the inquiry’s home page here.