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ACCC still 'concerned' about Woolworths and Coles discounts

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Australia's consumer watchdog has put major supermarkets and retailers on notice that they are still in its sights, vowing to investigate them to help protect Aussie consumers.
The article from MSN discusses a warning issued by the Australian Competition and Consumer Commission (ACCC) to major supermarkets like Coles and Woolworths. The ACCC has expressed concerns over potential price gouging and the lack of transparency in how these supermarkets set their prices. Amidst rising living costs, there's a growing public and governmental scrutiny on whether these retail giants are unfairly inflating prices. The ACCC is particularly focused on ensuring that consumers are not being overcharged, especially for essential goods. This comes at a time when there's increased pressure on supermarkets to justify their pricing strategies, with calls for more competition in the sector to help keep prices down. The watchdog's actions are part of a broader effort to protect consumers from excessive pricing during economic hardship.

Read the Full Couriermail Article at:
[ https://www.msn.com/en-au/money/other/watchdog-s-warning-to-big-supermarkets/ar-AA1zqxP1 ]