this post was submitted on 23 Jun 2024
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  • In short: The government has confirmed it will impose a mandatory behaviour code on supermarkets, focusing on how they treat their suppliers.
  • As recommended by Dr Craig Emerson, fines of up to $10 million would apply to supermarkets who breach their obligations to act in good faith.
  • What's next? The government has asked the ACCC to look into customer prices, but the final report is months away.
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[–] MHLoppy@fedia.io 4 points 3 months ago

If you read the article, which part of the last-resort financial consequences do you deem insufficient to curb the "absorb the fines" business approach?