2333 GMT - Dominance of Australia's supermarket sector by Coles and Woolworths seems set to continue following an industry report by the competition regulator, according to Morgan Stanley analysts. They tell clients in a note that the duo occupy an entrenched position in an oligopolistic market, and that they don't think that substantial moves to boost competition are likely in the foreseeable future. The MS analysts say that Coles and Woolworths do face ongoing and evolving competitive challenges, but see nothing in the regulator's proposals on supplier relations, promotional behavior, or price transparency to upset them. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 23, 2025 19:33 ET (23:33 GMT)
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