Coles penalised $10m for 'serious deliberate' misconduct

SUPERMARKET giant Coles has been forced to pay $10 million in penalties after a court found it engaged in "serious deliberate and repeated" misconduct against its suppliers.

The Federal Court order the retailer pay the massive fine after the Australian Competition and Consumer Commission took legal action against Coles earlier this year.

Coles will also be forced to take action to "provide redress" to more than 200 of its suppliers around the country, with Justice Michelle Gordon found the company misused its bargaining power.

"Coles practices, demands and threats were deliberate, orchestrated and relentless," Justice Gordon's judgement reads.

The court-ordered penalty follows two separate legal actions instituted by the ACCC filed in May and October this year.


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