Dick Smith defends Coles and Woolworths over market dominance
date:May 15, 2012

In a submission to the Senate Select Committee Inquiry into Australias Food Processing Sector, Mr Smith said Coles and Woolworths market dominance is a result of Australian politics and the economic system not greed.

Dick Smiths food company was formed in 1999 to provide Australian owned and produced alternatives to products from foreign-owned food companies.

In the company submission, Mr Smith said, Its just a result of all of us desiring ever increasing growth in profits and returns on our
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