Aldi Australia has become the first major supermarket to formally sign and implement the food and grocery code.
The voluntary code prohibits specific types of unfair conduct by retailers and wholesalers in their dealings with suppliers and provides a clearer framework for these dealings. It complements existing protections for suppliers under the Competition and Consumer Act 2010, including the unconscionable conduct provisions.
An Aldi spokesperson said, “We have always supported the concept of a strong and sustainable Australian grocery industry for retailers and suppliers. Aldi’s commitment to opt in to and implement the code before any other major supermarket is testament to our business values and dedication to quality supplier relationships.”
Existing suppliers will transition to the new terms from August 3, 2015 and new suppliers will agree to the new terms from June 15, 2015.
