‘Broad concerns’: ACCC hands down interim report on supermarket inquiry
The Australian Competition and Consumer Commission (ACCC) has handed down its interim report for its inquiry into supermarkets, a week after announcing it would take legal action against Coles and Woolworths for misleading pricing claims.
The report outlines what the ACCC has heard from consumers, suppliers, and other interested parties thus far into the 12-month inquiry. The ACCC has said there are “broad concerns” across the board, and it plans to continue investigating these until the final report is due in February 2025.
The interim report comes just a week after the consumer watchdog announced plans to take Coles and Woolworths to Federal Court on separate proceedings for “allegedly breaching the Australian Consumer Law by misleading consumers through discount pricing claims” on hundreds of common products.
