Bill
Reducing Supermarket Dominance Bill 2024
lapsed, as at 2024-11-19.
- Sponsor
- Bob Katter
- Portfolio
- Not recorded
Recorded stages
- introduced — 2024-03-25
- second reading — 2024-03-25
- other — 2024-11-19
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2024-03-25.
The bill would force Australia's biggest supermarket chains to sell off stores until each has no more than 20% of the national grocery market, over five years.
A new Commissioner for Food Retailing would enforce the market share limits and investigate unfair or predatory practices against suppliers and competitors.
The bill also caps the supermarket giants' share of the household retail market at 20% over the same period, with a clause allowing smaller grocery operators a larger share of that market.
- Reduces the market share of supermarket businesses to 20% through enforced progressive divestiture over five years.
- Establishes a Commissioner for Food Retailing to administer market share limits and promote competition and fairness.
- Gives the commissioner powers to investigate suspected breaches, including those from confidential complaints.
- Extends the 20% market share cap to household retail businesses over five years.
- Allows businesses with a smaller supermarket share to have a larger share of the household retail market.
Australia's supermarket giants, their suppliers, and independent retailers and consumers.
Sources
em
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