Australia’s two largest supermarket chains sued over fake-discount claims

(Image: DepositPhotos)

Wed, 25 Sep 2024

By Rachel Pannett, Frances VinallAs lawmakers around the world grapple with pressure from voters to address stubbornly high grocery prices, Australia’s government has taken the rare step of suing the country’s two largest grocery chains, accusing them of offering fake discounts to customers by manipulating prices.The country’s consumer watchdog uncovered what it said Monday (Tuesday NZ time) was a years-long pattern by the supermarket giants Woolworths and Coles of temporarily marking up the prices of various products before p...

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