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Woolworths dominance

Wednesday, November 11, 2009
by Richard Dolan

The Australian Competition and Consumer Commission have granted Woolworths permission to go ahead with its proposed takeover of hardware wholesaler Danks. Despite concerns about the dominant power that Woolworths yield, the planned takeover is going ahead.

Concerns are being raised that this is another sector of the market that Woolworth will end up wielding its powerful position in.

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