Australia fines Coles over milk supply deals; flags Brownes’ pricing practices
May 22 (Reuters) – Australia’s competition watchdog said on Friday that Coles and dairy firm Brownes Foods Operations each paid A$39,600 ($28,270.44) after receiving infringement notices for restrictive milk supply terms and unclear pricing, respectively. Here are some details: • The Australian Competition & Consumer Commission (ACCC) alleges that Coles published two milk supply agreements that required exclusive supply to the nation’s No.2 grocer while imposing volume caps on production. […]