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ACCC sues Coles and Woolworths over allegations of ‘illusory’ discounts on common products

ACCC sues Coles and Woolworths over allegations of ‘illusory’ discounts on common products



Competition watchdog alleges supermarkets briefly increased prices on hundreds of products before placing them in discount promotionsFollow our Australia news live blog for latest updatesThe competition regulator is suing Coles and Woolworths over allegations they misled shoppers by engaging in “illusory” discounts on hundreds of common supermarket products.The Australian Competition and Consumer Commission (ACCC) claimed on Monday that the major chains derived significant revenue from the sale of tens of millions of products sold through promotions that the regulator says breached consumer law. Continue reading…



Source link : https://www.theguardian.com/australia-news/2024/sep/23/accc-suing-coles-woolworths-discounts-misleading

Author : Jonathan Barrett

Publish date : 2024-09-23 00:29:31

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