Article 6QY1J 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

by
Jonathan Barrett
from World news | The Guardian on (#6QY1J)

Competition watchdog alleges supermarkets briefly increased prices on hundreds of products before placing them in discount promotions

The competition regulator is suing Coles and Woolworths over allegations they misled shoppers by offering illusory" discounts on hundreds of common supermarket products.

The Australian Competition and Consumer Commission (ACCC) chair, Gina Cass-Gottlieb, said on Monday the regulator would seek a a significant penalty" after the major retailers allegedly profited from the sale of tens of millions of products sold through promotions the regulator claimed breached consumer law.

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