The nation’s competition watchdog has accused Woolworths and Coles of misleading shoppers by claiming they were dropping prices when they were actually increasing them, reigniting a political brawl over the power of the supermarket giants.
Australian Competition and Consumer Commission chairwoman Gina Cass-Gottlieb accused the two big retailers, which account for two-thirds of the grocery market, of targeting families with stretched budgets and seeking discounts.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
Tom McIlroy is the Financial Review's political correspondent, reporting from the federal press gallery at Parliament House. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com
Ronald Mizen reports on politics, economics, business and the law, with a focus on corporate regulators, lobbyists and investigations from Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
