Community Leaders Support ACCC’s Block on New Coles Supermarket

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Arabic version: قادة المجتمع يدعمون قرار ACCC بحظر سوبرماركت كولز الجديد

Community leaders in Kalgoorlie-Boulder have expressed strong support for the Australian Competition and Consumer Commission’s (ACCC) recent decision to block the development of a new Coles supermarket in the region. According to ABC News, the ACCC determined that the proposed supermarket would substantially lessen competition in the area.

Simone de Been, CEO of the Kalgoorlie-Boulder Chamber of Commerce and Industry, stated that the current population of approximately 30,000 does not justify an additional supermarket. She emphasized that the existing supermarkets, including a Coles in the CBD and an IGA nearby, are sufficient to meet the community’s needs. De Been noted that the introduction of a second Coles could lead to the closure of smaller competitors.

The ACCC’s decision was influenced by the potential market share Coles would acquire, which could have reached about 40% in Kalgoorlie-Boulder. ACCC deputy chairman Mick Keogh highlighted concerns that the new store could drive independent grocers out of business. Coles has expressed disappointment with the ruling and is contemplating an appeal to the Australian Competition Tribunal.

Local MLA Ali Kent remarked that she was surprised by the ACCC’s unprecedented move, asserting that there is no demand for another Coles supermarket at this time. She indicated that while the city may need more retail options in the future, the current market is adequately served.

Kalgoorlie-Boulder Mayor Glenn Wilson underscored the importance of supporting local businesses over large chains, advocating for genuine competition that benefits the community. He also questioned the accuracy of the population figures the ACCC used in their assessment, suggesting they do not fully reflect the transient workforce that bolsters the local economy.

The ACCC’s ruling may also impact a separate $140 million housing development in the area, as the same property developer is involved in both projects. The proposed site for the Coles supermarket includes an Aboriginal heritage site, raising further concerns among local Indigenous communities regarding the development plans.

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