Since Rod Sims took over at the ACCC, the big question has been what he'll do with the supermarkets. Now the competition tsar has put his foot down just south of Penrith, New South Wales, potentially setting some new deals standards for the supermarket industry. Meanwhile, the ACCC has also said no to global food giant Heinz over an organic baby food company and Qantas has landed a big-time Asian investor for Jetstar Hong Kong. With Europe sorted, Alan Joyce's focus is back on Asia.
Supermarket giant Woolworths is thinking about challenging a decision from the consumer watchdog to block its push for a new Woolies store at a housing estate called Glenmore Ridge in Greater Western Sydney.