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 Good for him: OZschwitz CEO vows to keep cutting prices even it if lands company in court

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RR Phantom

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Good for him: OZschwitz CEO vows to keep cutting prices even it if lands company in court Vide
PostSubject: Good for him: OZschwitz CEO vows to keep cutting prices even it if lands company in court   Good for him: OZschwitz CEO vows to keep cutting prices even it if lands company in court Icon_minitimeThu Mar 17, 2016 12:01 am
Livid big business leaders have blasted the federal government's backing of a new effects test, siding with small business in its long-running battle with Australia's retail giants over competition policy.

Good for him: OZschwitz CEO vows to keep cutting prices even it if lands company in court 1458139539321

Designed to prevent big businesses from behaving in a way that has "the purpose, effect or likely effect of substantially reducing competition" the so-called effects test was the most controversial proposal in the Harper review of Australia's competition law.

A defiant Wesfarmers chief executive Richard Goyder slammed the move promising the changes to Australia's competition law would have no impact on pricing at its dominant retail brands, Coles, Bunnings or Kmart and it was prepared to fight for this right in court.

Read more: http://www.smh.com.au/business/retail/richard-goyder-vows-to-keep-cutting-prices-even-it-if-lands-wesfarmers-in-court-20160316-gnkcd3.html#ixzz4385UjuTn
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Good for him: OZschwitz CEO vows to keep cutting prices even it if lands company in court

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