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Welcomes retail inquiry report

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ACCC Welcomes Retail Inquiry Report Page 1 of 1

Welcomes Retail Inquiry Report S+ C i t ^ T aaV-<-The Australian Competition and Consumer Commission has welcomed the report of the Joint Parliamentary Inquiry into Retailing.

"The report contains a number of recommendations which, if adopted, should help address and overcome some concerns about the relationship between small business and big retail business without lessening competition," ACCC Chairman, Professor Allan Pels, said yesterday.

"The ACCC notes the committee's implied warning that big retailers need to improve their practices or face, in three years, an inquiry about dealing with abuses of market power".

Further information Professor Allan Pels, Chairman, pager (016) 373 536 Ms Lin Enright, Director, Public Relations, (02) 6243 1108 or (0414) 613 520

MR 163/99 30 August 1999 01/09/1999