ACCC Clears Coles’ Victorian Lease Deals Subject to Site Divestment

MELBOURNE, Dec. 19, 2025 —
Australia’s competition regulator has cleared Coles’ acquisition of leases to open new supermarkets at Mt Atkinson and Deanside in Victoria, subject to the divestment of a nearby site to preserve competition.

The Australian Competition and Consumer Commission said it accepted a court-enforceable undertaking requiring Coles to sell its Kororoit Town Centre site to an approved buyer, ensuring the location remains available for a rival supermarket. Without the divestment, the regulator said Coles would have controlled most large supermarket-suitable sites in the local area, significantly limiting consumer choice in the fast-growing Melton corridor.

Source: https://www.accc.gov.au/media-release/coles-lease-acquisition-in-two-victorian-locations-not-opposed-subject-to-divestment

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