Coles Group
ASX:COL
The supermarket giant is challenging an ACCC ruling that blocked a new Kalgoorlie store and could shape future expansion under merger laws.
Coles’ potential Greencross buyout has rattled investors, who fear the pet market has peaked and the deal could distract from its core strategy.
Consumers may look past fuel crisis-related price hikes in the short term, but they are unlikely to let businesses off the hook if inflationary pressures persist.
Known for providing tech for defence and intelligence, Palantir announced a deal with Coles last year. Until now, it has been tight-lipped about what it entails.
Woolworths and Coles are fighting back against the ACCC over allegations of price manipulation, pinning the blame on suppliers in what's shaping up to be a major court battle.
Experts say the ACCC's lawsuits against Woolworths and Coles over misleading discounts could be a game changer, as the government moves to seize the political opportunity.