Coles being found to have deliberately misled customers with fake discounts shows again that Australia needs powers to break up the supermarket duopoly and an economy-wide ban on price-gouging, the Greens say.<\/p>\n\n\n\n
The Federal Court today found Coles misled customers with fake discounts, in a case brought by the ACCC.<\/p>\n\n\n\n
\u201cColes and Woolworths treat customers with contempt because they have an iron grip on this country\u2019s grocery sector,\u201d Greens Economic Justice spokesperson Senator Nick McKim said.<\/p>\n\n\n\n
\u201cAs the Greens-led Senate inquiry found, Australia needs divestiture powers to forcibly break up the supermarket duopoly, as well as other oligopolies.\u201d<\/p>\n\n\n\n
\u201cWe also need economy-wide price gouging laws, particularly during a cost of living crisis.\u201d<\/p>\n\n\n\n
\u201cThe major parties are in thrall to the big corporations because of their political donations. The Greens are not. We need divestiture and price gouging laws now.\u201d<\/p>\n\n\n\n
\u201cThe Greens have legislation already drafted and ready to go – the only thing we need is for a bit of courage from the Labor and Liberal parties.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Coles being found to have deliberately misled customers with fake discounts shows again that Australia needs powers to break up the supermarket duopoly and an economy-wide ban on price-gouging, the Greens say. The Federal Court today found Coles misled customers with fake discounts, in a case brought by the ACCC. \u201cColes and Woolworths treat customers … Continue reading “Coles misleading price verdict shows divestiture powers needed”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-38931","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=38931"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38931\/revisions"}],"predecessor-version":[{"id":38932,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38931\/revisions\/38932"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=38931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=38931"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=38931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}