7am Inside the Coles and Woolworths 'fake' discounts case
Oct 1, 2024
Angry consumers are taking to social media, exposing questionable discount practices by Coles and Woolworths. The Australian Competition and Consumer Commission is stepping in, alleging these supermarkets misled customers with deceptive promotions. Economist Peter Martin discusses how this controversy has eroded public trust and sparked a Senate inquiry. With fines for misleading practices soaring and government scrutiny increasing, retailers face serious consequences if found guilty of manipulative pricing. Can these giants regain customer confidence amid the backlash?
Chapters
Transcript
Episode notes
1 2 3 4 5
Intro
00:00 • 2min
Deceptive Discounts: The Coles and Woolworths Controversy
01:50 • 4min
Scrutiny of Supermarkets: The ACCC's Inquiry into Misleading Discounts
06:18 • 3min
Exploring Potential Penalties for Misleading Retail Practices
08:55 • 2min
Government Pressure on Supermarkets
10:27 • 4min