Hitting back at the regulator’s claims of dodgy sales promotions, Coles and Woolworths say price increases were the result of real cost pressures, and subsequent discounts were not illusory.
Supermarkets could face $10 million fines for breaking a soon-to-be mandatory industry code under legislation introduced by the Albanese government.
Collapsed fashion retailer Mosaic Group owes creditors over $245 million, according to a report released by the company’s administrators.
Coles and Woolworths face a possible second class action over alleged dodgy discounts the subject of enforcement action by the consumer watchdog.
Bunnings has been found to have breached privacy laws with the use of facial recognition technology in its stores, but the hardware chain has vowed to seek a review of the decision.
The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.
The consumer regulator has launched court action against Optus, alleging sales staff put undue pressure on customers to buy phones they couldn’t afford.
In a loss for Bed Bath N’ Table, the Full Court has overturned a finding that homewares retailer House engaged in misleading and deceptive conduct by setting up its ‘Bed & Bath’ stores.
Coles has defeated a trade mark challenge to its Perform brand of sports nutrition products by a sports equipment company.
Coles and Woolworths have hit back at the ACCC’s claims they advertised “illusory” discounts, pointing the finger at inflation and higher supply costs.