Days after Coles agreed to pay $10m in penalties after admitting to unconscionable conduct towards suppliers, Woolworths has been caught up in bullying allegations of its own. The Australian Food and Grocery Council has apparently received complaints from a number of suppliers who have been asked to make payments to Woolworths by the end of the month or risk losing out on shelf space. In turn, the ACCC has invited suppliers to submit any allegations to it, on an anonymous basis if so desired. Leaving aside the legal and moral aspects (both too hard), there are several takeaways for investors from the latest allegations.
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