The CEO of Metcash’s Food Division has accused Bunnings of “anti-competitive” behaviour, for attempting to purchase various Mitre 10 franchises.

Scott Marshall made the accusations in a Senate inquiry into the cost of living.

After noting that 22 large-format grocery and hardware stores had been taken over by large corporates such as Coles, Woolworths, and Bunnings in the last nine years, he turned his attention to the latter.

“In addition to the acquisitions noted above, there have been instances where Metcash has sought to preclude what it considers to be anti-competitive acquisitions by acquiring an interest in the relevant retailer (in the grocery sector or otherwise), in circumstances where the retailer has been approached by a major retailer,” he told the inquiry.

“Currently, Metcash is aware of Bunnings writing to at least seven Mitre 10 businesses asking them to consider entering negotiations to sell their store to Bunnings.”

Bunnings managing director Mike Schneider said this is business as usual for the chain.

“We know from experience that there’s ample room for larger retailers, smaller retailers and specialty providers alike in the regions and categories we operate in, and think that choice and competition is great for consumers,” he told the AFR.

“There have also been instances over the years where local independent hardware store operators have approached us regarding a potential sale of their store.

“We’ve been pleased that on occasion we’ve been able to provide these independent business owners with a viable succession option.”

Metcash operates Mitre 10, as well as Home Timber & Hardware, Thrifty-Link Hardware, and True Value Hardware stores.