Peter Dutton's big Coles and Woolworths call
Major supermarkets would be broken up if found to be repeatedly price-gouging consumers, under a coalition proposal.
Divestiture powers would be introduced as a method of last resort to address anti-competitive behaviour in the sector, according to plans laid out by the opposition should they win the next election.
It comes after growing calls to break up the supermarket duopoly of Coles and Woolworths after price rises.
Opposition Leader Peter Dutton said the divestiture powers addressed concerns from consumers and farmers about rising costs at the checkout.
"The situation in Australia at the moment is that there's a massive concentration of market share within the two major companies, within Coles and Woolies," he told reporters in Canberra on Tuesday.
"There are many complaints, and validly made by consumers as well, who are worried about what it means when they go to the checkout with ever-increasing prices."
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- AAP