Dec 8 (Reuters) - Australian competition and consumer commission (ACCC)
- Federal court dismissed proceedings brought by ACCC against Woolworths Ltd
- "Federal court ruled that Woolworths' requests for these payments were not unconscionable within the meaning of the Australian consumer law"
- Had alleged that Woolworths had engaged in unconscionable conduct in its dealing with a large number of its suppliers through its "mind the gap" scheme
- Took action as we considered that Woolworths' behaviour went well beyond hard commercial bargaining and is not consistent with business and community values
Source text: (http://bit.ly/2gEfmYc)
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News: WOW ACCC says Federal Court dismissed proceedings by ACCC against Woolworths
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