Allegations by the competition watchdog that Australia’s supermarket giants misled consumers with fake discounts have not significantly undermined community confidence in big business, according to readers of The Australian Financial Review.

Last week, Australian Competition and Consumer Commission chairwoman Gina Cass-Gottlieb accused the two big retailers of claiming they were dropping prices in store when they were actually increasing them. The regulator said the promotions were misleading because the prices were higher or the same as they had been only weeks earlier.