| Synopsis
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Coles and Woolworths sell 70 per cent of the dry groceries and half the fresh food that Australians consume - among the highest concentrations of market power in the developed world. The ACCC has officially ticked this arrangement, insisting the market is working. But the growth in supermarket muscle has come at a cost to many suppliers and small retailers. A pumpkin grower, whose produce retails for as much as 10 times the price he gets for it, scoffs at the ACCC's view that the gap between farm gate prices and the checkout isn't growing. (ABC TV) |