EDV 2.00% $4.90 endeavour group limited

Here is what Jeremy Oliver posted (amongst other things) on...

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    Here is what Jeremy Oliver posted (amongst other things) on Linkedin about issues the wine industry faces.

    WOW..

    Retail duopoly

    It's time for the wine industry to explore avenues to curtail the power of Australia's entrenched retail duopoly of Endeavour Drinks and Coles, no matter how complex this process might be. The corporate regulators have failed spectacularly in facilitating this situation and by enabling a single company (Endeavour Drinks) to have a degree of vertical integration and power not seen anywhere else on the planet.

    Australia’s retail duopoly could shortly move into a producer monopoly should Endeavour Drinks continue its current growth trajectory and become a production behemoth. It’s legally able to convert Queensland pokie cash into quality wine brands. Can anyone else do that?

    The duopoly is surely and steadily killing off independently owned brands, firstly by eliminating routes to market and then by creating financial dependency and commercial slavery.

    The objective of the retail duopoly is to stock an overwhelming proportion of wines they either produce themselves or otherwise control. Other than the shareholders of these companies, does anyone else benefit? Does a parallel situation exist in any other country?


 
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