The Australian Competition and Consumer Commission (ACCC) announced today that it will oppose the proposed acquisition of the Karabar Supabarn supermarket by Woolworths Limited. Woolworths proposed the takeover of the Queanbeyan Karabar Supabarn supermarket on April 7 and the ACCC has since been researching the potential impact on competition. With Woolworths operating a large supermarket in central Queanbeyan, the ACCC was concerned about the effect a takeover would have on competition in the area.... ...Read more »