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 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. Continue reading...
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