Woolworths price-gouging claims overblown: retail investor group
Claims supermarket giant Woolworths is price-gouging consumers and unfairly exercising its dominant market share are overblown and misleading, the group representing mum-and-dad investors says.
After a tumultuous week in which chief executive Brad Banducci quit the company amid growing political pressure about the cost of living and fallout from a messy ABC interview, the Australian Shareholders’ Association defended his tenure and the company’s profits.
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