ACCC

Coles in court over alleged misleading “Down Down” discounts

Coles is facing a major court battle, accused by the consumer watchdog of misleading shoppers with so-called “Down Down” discounts. The Australian Competition and Consumer Commission alleges the supermarket temporarily raised prices on hundreds of products, before promoting them as price drops, a claim Coles denies. So what does the law say about discounting practices …

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Supermarket Price Gouging laws a step closer

As grocery prices continue to climb amid rising cost-of-living pressures, the federal government has just released draft laws to curb supermarket price gouging. The proposed “excessive pricing” rules would make it illegal for major retailers such as Coles and Woolworths – which together make up two-thirds of Australia’s national grocery sales – to charge unfairly …

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