Coles, Woolies Fail to Reply to ACCC Questions

The controversial leases in question are structured in a way that exclusively restrict the entry of another supermarket in the same shopping centre where Coles or Woolworths are a major tenant. If another supermarket retailer is introduced, then Coles or Woolworths receive a substantially discounted rent.

The ACCC’s report identified this lease structure as anti-competitive. The move to end these kind of leases has paved the way for Aldi, and Metcash, which supplies IGA stores, to open in centres where Coles or Woolworths previously enjoyed a monopoly.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

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