Australian supermarkets accused of price-gouging

Australian supermarkets accused of price-gouging

Coles and Woolworths accused of price-gouging amid rising consumer costs, despite denying wrongdoing, as ACCC investigation reveals increased profit margins. Australian supermarket giants Coles and Woolworths face accusations of price-gouging as consumer costs continue to rise. A year-long investigation by the ACCC found that while business costs have increased, so have profit margins. The retailers deny wrongdoing, but critics argue that famil…