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‘Australians deserve the full picture’: Calls for Kelloggs, Pepsi, Nestlé to front Aussie Senate into supermarket mark-ups

Global food companies will be forced to defend their role in the rising cost of supermarket prices in the current Senate inquiry.

NSW Liberal senator Maria Kovacic told the Sydney Morning Herald that the bargaining might of these corporations needs to be exposed in the hearings.

“I want to see major multinationals like Procter & Gamble, Unilever, Kelloggs/Kellonova, Coca-Cola, PepsiCo, Mars, Nestlé and Mondelez Australia front this committee to explain why Australians are paying more at the checkout for their products,” Kovacic said.

“These companies must respond to allegations and concerns that multinationals are a leading instigator of grocery price hikes.

“Australians deserve the full picture.”

The SMH reports that the Senate committee agreed to call multinationals to appear earlier this week, with no date yet set.

If the Coles and Woolworths CEO Senate grillings seen earlier this week were any indication, these multinationals will face a barrage of harsh questions about their hold over the supermarkets.

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