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ACCC to live stream supermarkets enquiry

Inside Retail

The Australian Competition and Consumer Commission (ACCC) will live stream its upcoming public hearings for the supermarkets enquiry, scheduled from November 7 to 22. Key players from the supermarket industry, such as Aldi, Coles, Metcash, and Woolworths, will participate alongside consumer advocates and industry representatives.

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Supermarket inquiry recommends laws against price gouging, land banking

Inside Retail

Supermarkets would be prohibited from price gouging and face stricter rules on land banking, should the government adopt the recommendations of the Senate Select Committee on Supermarket Prices. The committee noted that it heard unfair trading practices arising from the so-called supermarket duopoly of Coles and Woolworths.

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Is this the end of Australia’s supermarket duopoly?

Inside Retail

The allegations of price-gouging during a cost-of-living crisis by Australian supermarkets Coles and Woolworths could finally be the death knell of the duopoly that has long dominated the country’s grocery sector. In December last year, the Senate announced an inquiry into the price-setting practices and market power of major supermarkets.

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Online only supermarket Geezy Go launches in Sydney

Inside Retail

New on-demand food and grocery service Geezy Go has launched a digital supermarket serving Sydney, aiming to compete with Woolworths and Coles. . The online supermarket offers an under 20-minute delivery service, promising products priced similar to or lower than its rivals.

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More Australians lose trust in supermarket pricing, ACCC says

Inside Retail

Many Australians have lost trust in supermarket pricing, with more consumers now comparing prices between stores before making a purchase. “Many consumers have told us that they are losing trust in the sale price claims by supermarkets,” said Mick Keogh, ACCC deputy chair.

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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

Woolworths and Coles, Australias supermarket goliaths, have gone from Covid-19 heroes to cost-of-living villains in the last two years. Woolworths and Coles drew consumer ire for cost-of-living pressures affecting Australian households, business costs, and the viability of suppliers of agricultural products and manufactured goods.

Consumer 246
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Heavy fines proposed for anti-competitive supermarket practices

Inside Retail

Treasurer Jim Chalmers expressed support for the independent review of the Food and Grocery Code of Conduct, proposing a mandatory code which – if adopted – will result in multi-million dollar penalties for supermarkets and suppliers who engage in anticompetitive practices. “This is all about a fair go for farmers and families.